StealthGas (GASS) Tops Q3 EPS by 2c
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STEALTHGAS INC. Reports Third Quarter and Nine Months 2019 Financial and Operating Results
November 21, 2019 9:30 AM ESTATHENS, Greece, Nov. 21, 2019 (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 third quarter and nine months ended September 30, 2019.
OPERATIONAL AND FINANCIAL HIGHLIGHTS
Operational utilization of 98.0% in Q3 19 (96.1% in Q3 18) due to more efficient presence in the spot market resulting in reduced idle time. Fleet calendar days down 19% quarter on quarter to 4,045 days attributed to our recent strategic fleet... More