StealthGas (GASS) Misses Q4 EPS by 1c

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Go back to StealthGas (GASS) Misses Q4 EPS by 1c

STEALTHGAS INC. Reports Fourth Quarter and Twelve Months Ended December 31, 2015 Financial and Operating Results

February 25, 2016 9:10 AM EST

ATHENS, Greece, Feb. 25, 2016 (GLOBE NEWSWIRE) -- STEALTHGAS INC. (NASDAQ: GASS), a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today its unaudited financial and operating results for the fourth quarter and twelve months ended December 31, 2015.

OPERATIONAL AND FINANCIAL HIGHLIGHTS

Successful delivery of ten new eco LPG carriers in 2015Year on year increase of vessel calendar days by 15%.Operational utilization of 92.5% in 2015.Continuous reduction of daily opex costs and breakeven levels in 2015 an outcome of... More