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Stockreport

Dorian LPG Ltd. Announces First Quarter Fiscal Year 2019 Financial Results

DORIAN LPG LTD (LPG)  More Company Research Source: PR Newswire
Last dorian lpg ltd earnings: 10/31 06:00 am Check Earnings Report
US:NYSE Investor Relations: dorianlpg.com/investor-center/default.aspx
PDF STAMFORD, Conn., Aug. 9, 2018 /PRNewswire/ -- Dorian LPG Ltd. (NYSE: LPG) (the "Company," "Dorian LPG," "we," and "our"), a leading owner and operator of modern very large gas carriers ("VLGCs"), today reported its financial results for the three months ended June 30, 2018.Highlights for the First Quarter Fiscal Year 2019 Revenues of $27.6 million and Daily Time Charter Equivalent ("TCE")(1) rate for our fleet of $16,553 for the three months ended June 30, 2018, compared to revenues of $41.0 million and TCE rate of $22,735 for the three months ended June 30, 2017. Net loss of $(20.6) million, or $(0.38) earnings/(loss) per basic and diluted share ("EPS"), and adjusted net loss(1) of $(22.3) million, or $(0.41) adjusted diluted earnings/(loss) per share ("adjusted EPS"),(1) for the three months ended June 30, 2018. Adjusted EBITDA(1) of $5.2 million for the three months ended June 30, 2018. Prepaid $66.9 million representing all outstanding amounts under the bridge loan agreement with [Read more]

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