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StealthGas: Q4 Earnings Snapshot

StealthGas: Q4 Earnings Snapshot

By AP News
Published - Feb 21, 2024, 09:33 AM ET
Last Updated - Feb 21, 2024, 09:33 AM EST

ATHENS, Greece (AP) — ATHENS, Greece (AP) — StealthGas Inc. (GASS) on Wednesday reported earnings of $8.9 million in its fourth quarter.

The Athens, Greece-based company said it had profit of 25 cents per share. Earnings, adjusted for non-recurring costs, were 29 cents per share.

The ship owner serving the liquefied petroleum gas market posted revenue of $34.1 million in the period. Its adjusted revenue was $30.8 million.

For the year, the company reported profit of $51.9 million, or $1.37 per share. Revenue was reported as $130.3 million.

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