Navigator Holdings Ltd. (NVGS) Reports Q1 Loss Per Share of $0.14
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Navigator Holdings Ltd. Preliminary First Quarter 2020 Results
May 28, 2020 4:19 PM EDTLONDON, May 28, 2020 /PRNewswire/ --
Highlights
Navigator Holdings Ltd. (the "Company", "we", "our" and "us") (NYSE: NVGS) reported operating revenue of $81.3 million for the three months ended March 31, 2020, compared to $76.1 million for the three months ended March 31, 2019. A net loss of $8.5 million (or a loss per share of $0.14) for the three months ended March 31, 2020, which includes COVID-19 related foreign exchange losses of $3.7 million and a $3.0 million loss on the 50/50 joint venture (the "Export Terminal Joint Venture") relating to the ethylene export marine terminal at Morgan's... More