Brief: Stealthgas Q2 Adjusted Earnings Per Share $0.01

StealthGas

22/08/2019 17:29

Aug 22 (Reuters) - StealthGas Inc  GASS.O :
    * REPORTS SECOND QUARTER AND SIX MONTHS 2019 FINANCIAL AND
OPERATING RESULTS
    * Q2 ADJUSTED EARNINGS PER SHARE $0.01
    * Q2 EARNINGS PER SHARE $0.00
    * Q2 REVENUE FELL 21.4 PERCENT TO $34.1 MILLION
    * OPERATIONAL UTILIZATION OF 95.3% IN Q2 '19 (97.8% IN Q2
'18)
    * STEALTHGAS - DUE TO MARKET UNCERTAINTY RESULTING FROM
US-CHINA
TRADE WAR, PRESSURIZED MARKET IN ASIA PRESENTED A RELATIVELY
TOUGH Q2 FOR SHIP OWNERS
    * BELIEVE THAT ASIAN MARKET WILL SOON CORRECT ITSELF

Source text for Eikon:  ID:nGNX46WtmS 
Further company coverage:  GASS.O 

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