Dorian LPG (LPG) Tops Q2 EPS by 3c

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Go back to Dorian LPG (LPG) Tops Q2 EPS by 3c

Dorian LPG Ltd. Announces Second Quarter Fiscal Year 2018 Financial Results and Financing Transaction for Corsair

November 3, 2017 6:00 AM EDT

STAMFORD, Conn., Nov. 3, 2017 /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, 2017.

Highlights for the Second Quarter Fiscal Year 2018

Revenues of $34.7 million and Daily Time Charter Equivalent ("TCE")(1) rate for our fleet of $18,015 for the three months ended September 30, 2017. Net loss of $(11.9) million, or $(0.22) earnings/(loss) per basic and diluted share ("EPS"), and adjusted net income/(loss)(1) of $(12.6)... More