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Stock impact report

Dorian LPG Ltd. Announces Second Quarter Fiscal Year 2025 Financial Results

Dorian LPG Ltd. (LPG) 
Last dorian lpg ltd. earnings: 8/7 06:00 am Check Earnings Report
Company Research Source: Business Wire
STAMFORD, Conn.--(BUSINESS WIRE)--Dorian LPG Ltd. (NYSE: LPG) (the “Company,” “Dorian LPG,” “we,” “us,” and “our”), a leading owner and operator of modern very large gas carriers (“VLGCs”), today reported its financial results for the three months ended September 30, 2024.Key Recent DevelopmentDeclared an irregular dividend totaling $42.8 million to be paid on or about November 25, 2024 to shareholders of record as of November 5, 2024.Highlights for the Second Quarter Fiscal Year 2025Revenues of $82.4 million.Time Charter Equivalent (“TCE”)(1) rate per available day for our fleet of $37,010.Net income of $9.4 million, or $0.22 earnings per diluted share (“EPS”), and adjusted net income(1) of $15.0 million, or $0.35 adjusted earnings per diluted share (“adjusted EPS”).(1)Adjusted EBITDA(1) of $46.2 million.Declared and paid an irregular cash dividend totaling $42.8 million in August 2024.(1)TCE, adjusted net income, adjusted EPS and adjusted EBITDA are non-U.S. GAAP measures. Refer Show less Read more
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