UPDATE: Dorian LPG (LPG) Posts Light Q2 Results
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Dorian LPG Ltd. Announces Second Quarter Fiscal Year 2017 Financial Results
October 28, 2016 6:00 AM EDTSTAMFORD, Conn., Oct. 28, 2016 /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 ended September 30, 2016.
Highlights for the Second Quarter Fiscal Year 2017
Revenues of $33.6 million and Daily Time Charter Equivalent ("TCE")(1) rate for our fleet of $19,137 for the three months ended September 30, 2016. Net loss of $(7.1) million, or $(0.13) earnings/(loss) per basic and diluted share ("EPS"), and adjusted net income/(loss)(1) of $(13.7)... More