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Stock impact report

Dorian LPG Ltd. Announces Third Quarter Fiscal Year 2024 Financial Results [Yahoo! Finance]

Dorian LPG Ltd. (LPG) 
Last dorian lpg ltd. earnings: 8/7 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
owner and operator of modern very large gas carriers ("VLGCs"), today reported its financial results for the three months ended December 31, 2023. Key Recent Development Declared an irregular cash dividend totaling $40.6 million to be paid on or about February 27, 2024. Highlights for the Third Quarter Fiscal Year 2024 Revenues of $163.1 million. Time Charter Equivalent ("TCE") rate per operating day for our fleet of $76,337. Net income of $100.0 million, or $2.47 earnings per diluted share ("EPS"), and adjusted net income of $106.0 million, or $2.62 adjusted earnings per diluted share ("adjusted EPS"). Adjusted EBITDA of $133.0 million. Declared and paid an irregular cash dividend totaling $40.6 million in November 2023. Entered into the 2023 A&R Debt Facility (amending and restating the 2022 Debt Facility) to upsize the revolving credit facility amount to $50.0 million and added a new, uncommitted accordion term loan facility, in an aggregate principal amount of up Show less Read more
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