secwatch.observer — SEC 8-K summary
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Issuer:     DORIAN LPG LTD. (LPG)
CIK:        0001596993
Form:       8-K
Filed at:   2024-08-01T23:59:59+00:00
Accession:  0001596993-24-000046
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dorian LPG Q1 net income $51.3M, adjusted EPS $1.26; $42.6M irregular dividend
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- Net income $51.3M ($1.25 diluted EPS); adjusted net income $51.7M ($1.26 adjusted EPS).
- TCE rate $55,228/day, up 8% YoY from $51,156; fleet utilization 90.4% vs 98.0%.
- Irregular dividend of $42.6M payable Aug 21, 2024 to holders of record Aug 8, 2024.
- Issued 2M common shares at $44.50/share (net $42.275 after underwriting discounts).
- Revenues $114.4M, up 2.5% YoY; interest and finance costs down 8.5% to $9.5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1596993/000159699324000046/0001596993-24-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1596993/000159699324000046/lpg-20240801x8k.htm
  HTML page:      https://secwatch.observer/filing/0001596993-24-000046

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer