Dorian LPG Q3 revenue falls 50.5% to $80.7 million; EPS $0.50 vs. $2.47
Dorian LPG reported fiscal third-quarter results for the three months ended December 31, 2024, with revenue of $80.7 million, down 50.5% from $163.1 million a year earlier, mainly due to lower spot charter rates. Net income fell to $21.4 million, or $0.50 per diluted share, from $100.0 million, or $2.47, and the company declared an irregular dividend of $0.70 per share, payable February 27, 2025.
Key points
- Revenue of $80.7 million, down $82.4 million or 50.5% from the prior-year quarter
- Net income of $21.4 million, or $0.50 per diluted share, versus $100.0 million, or $2.47, a year earlier
- Time charter equivalent rate of $36,071 per available day, down 49.9% from $71,938
- Irregular dividend of about $30.0 million, or $0.70 per share, payable on or about February 27, 2025 to holders of record as of February 5, 2025
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:55 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 30, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.