Top Ships Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported revenues of $6.546 million compared to $1.484 million a year ago. Operating income was $3.701 million compared to $4 million a year ago. Net income and comprehensive income was $1.887 million or $0.77 per diluted share compared to $0.873 million or $0.05 per diluted share a year ago.

For the nine months, the company reported revenues of $20.783 million compared to $2.103 million a year ago. Operating income was $12.074 million compared to $0.326 million a year ago. Net income and comprehensive income was $6.373 million or $2.62 per diluted share compared to $0.458 million or $0.03 per diluted share a year ago. Net cash provided by operating activities was of $9.707 million compared to net cash used in operating activities of $2.143 million a year ago.