Navigator Holdings Ltd. (NVGS) Tops Q3 EPS by 2c, Revenues Beat

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Navigator Holdings Ltd.: Preliminary Results for the Three and Nine Months Ended September 30, 2019

November 13, 2019 4:06 PM EST

LONDON, Nov. 13, 2019 /PRNewswire/ --

Highlights

Navigator Holdings Ltd. (the "Company", "we", "us" and "our") (NYSE: NVGS) reported operating revenue of $75.6 million for the three months ended September 30, 2019, compared to $80.8 million for the three months ended September 30, 2018. Net loss was $2.9 million (loss per share of $0.05) for the three months ended September 30, 2019 (which includes a $1.0 million non-cash loss on exchange rate movements), compared to net income of $0.6 million for the three months ended September 30, 2018. Adjusted EBITDA1 was $29.5 million for the three months ended September 30, 2019 compared to... More