Navigator Holdings Ltd. (NVGS) Misses Q4 EPS by 3c, Revenue Beats

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Navigator Holdings Ltd. Preliminary Fourth Quarter and Financial Year 2014 Results

March 17, 2015 4:02 PM EDT

LONDON, March 17, 2015 /PRNewswire/ --

Highlights  

 Navigator Holdings Ltd. (NYSE: NVGS) reports both record revenue of $78.4 million and net income of $24.3 million for the fourth quarter of 2014. Operating revenue amounted to $304.9 million and net income of $84.5 million for the full year ended December 31, 2014.

 EBITDA[1] increased to $161.3 million for the year ended December 31, 2014 from $106.8 million for 2013.

 Earnings per share basic increased to $1.53 for the year ended December 31, 2014 from $0.89 for 2013, based on an increased number of shares outstanding.

 Completed delivery of three newbuilding vessels, making our total fleet of 26 vessels on the water at... More