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Dec 31, 2020
Dorian LPG Q3 2021 Earnings Report
Dorian LPG's financial results for Q3 2021 were announced, revealing a solid performance driven by a strong freight market.
Key Takeaways
Dorian LPG reported revenues of $88.5 million and a net income of $35.8 million, or $0.71 earnings per diluted share, for the three months ended December 31, 2020. The company also announced a tender offer to purchase up to 7.4 million of its common shares at a price of $13.50 per share.
Revenues reached $88.5 million with a TCE rate of $42,298.
Net income was $35.8 million, or $0.71 EPS.
Adjusted net income amounted to $35.3 million, or $0.70 adjusted EPS.
Adjusted EBITDA was $60.1 million.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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