Dorian LPG Q3 net income $51.3M, EPS $1.27; declares $1.00/share irregular dividend

DORIAN LPG LTD.

2023-Q3 EPS reported $2.40 revenue$256,114,165

Revenues $103.3M (+50.6% YoY); TCE $52,768/day (+57.5%).
Net income $51.3M ($1.27 diluted EPS); adjusted net income $52.0M ($1.29 adjusted EPS).
Adjusted EBITDA $76.2M, up from $39.4M in prior year.
Board declares $1.00/share irregular dividend, returning over $40.3M; payable Feb 28 to holders of record Feb 15.
Fleet expansion: four VLGCs joining in CY2023; scrubber installations on three vessels.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

DORIAN LPG LTD. reported the three months ended December 31, 2022 results: revenue $103.3 million, net income $51.3 million, EPS $1.27 per diluted share.

Period: the three months ended December 31, 2022
Revenue: $103.3 million
Net income: $51.3 million
EPS: $1.27 per diluted share
Result: reported results

Exact text from the filing

● Revenues of $103.3 million. ● Time Charter Equivalent (“TCE”) (1) rate per operating day for our fleet of $52,768. ● Net income of $51.3 million, or $1.27 earnings per diluted share (“EPS”),

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Source: SEC EDGAR

accession 0001596993-23-000009

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