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Stock impact report

Dorian LPG Ltd. Announces Fourth Quarter and Full Fiscal Year 2019 Financial Results

Dorian LPG Ltd. (LPG) 
Last dorian lpg ltd. earnings: 8/7 06:00 am Check Earnings Report
Company Research Source: PR Newswire
STAMFORD, Conn., May 23, 2019 /PRNewswire/ -- Dorian LPG Ltd. (NYSE: LPG) (the "Company" or "Dorian LPG"), a leading owner and operator of modern very large gas carriers ("VLGCs"), today reported its financial results for the three months and fiscal year ended March 31, 2019.Highlights for the Fourth Quarter Ended March 31, 2019Revenues of $34.5 million. Daily Time Charter Equivalent ("TCE")(1) rate for our fleet of $18,883. Adjusted EBITDA(1) of $14.1 million. Net loss of $(16.0) million, or $(0.29) loss per basic and diluted share ("EPS"), and adjusted net loss(1) of $(12.0) million, or $(0.22) adjusted diluted loss per share ("adjusted EPS")(1). Time chartered-in the 2018-built Laurel Prime to our fleet with an expiration during the first calendar quarter of 2020.Highlights for the Fiscal Year Ended March 31, 2019Revenues of $158.0 million. TCE(1) rate for our fleet of $21,746. Adjusted EBITDA(1) of $64.4 million, which includes $10.0 million of expenses related to the BW LPG pr Show less Read more
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