StealthGas (GASS) Misses Q4 EPS by 6c, Revenues Beat

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STEALTHGAS INC. Reports Fourth Quarter and Twelve Months Ended December 31, 2020 Financial and Operating Results

February 25, 2021 9:20 AM EST

ATHENS, Greece, Feb. 25, 2021 (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 fourth quarter and twelve months ended December 31, 2020.

OPERATIONAL AND FINANCIAL HIGHLIGHTS1

Fleet utilization of 98.5% with 60 days of technical off hire mainly as a result of two drydockings completed within Q4 2020.Fleet operational utilization of 93.6% mainly due to a number of our ships having a... More