Navigator Holdings Ltd. (NVGS) Misses Q2 EPS by 3c, Sales Beat

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Navigator Holdings Ltd. Preliminary Second Quarter 2017 Results

August 7, 2017 4:05 PM EDT

LONDON, Aug. 7, 2017 /PRNewswire/ --

Highlights

Navigator Holdings Ltd. (NYSE: NVGS) (the "Company") reported operating revenue of $74.4 million for the three months ended June 30, 2017. Net income was $2.3 million for the three months ended June 30, 2017 with earnings per share of $0.04. Utilization increased to 89.2% for the six months ended June 30, 2017 compared to 86.8% for the six months ended June 30, 2016. Adjusted EBITDA(1) was $30.6 million for the three months ended June 30, 2017. Took delivery of Navigator Yauza a handysize semi-refrigerated ice class vessel from HMD, on April 5,... More