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StealthGas delivered solid Q2 results with an all-time high revenue of $47.2M and net income of $20.4M. Adjusted EPS stood at $0.59, driven by improved market conditions and operational performance. Operating income hit a new record, while the company continued to aggressively pay down debt and maintain high period charter coverage.
StealthGas Inc. reported a net income of $14.1 million and basic EPS of $0.38 for Q1 2025. Revenue remained stable at $42.0 million, while time charter equivalent revenues decreased by 4.6%. The company continued to reduce leverage and maintained a strong cash position.