STEALTHGAS INC (GASS) released a profit for its fourth quarter that increased from last year
The company's bottom line totaled $14.198 million, or $0.38 per share. This compares with $8.889 million, or $0.25 per share, last year.
Excluding items, STEALTHGAS INC reported adjusted earnings of $16.404 million or $0.44 per share for the period.
The company's revenue for the period rose 27.3% to $43.467 million from $34.139 million last year.
STEALTHGAS INC earnings at a glance (GAAP) :
-Earnings: $14.198 Mln. vs. $8.889 Mln. last year.-EPS: $0.38 vs. $0.25 last year.-Revenue: $43.467 Mln vs. $34.139 Mln last year.
The Board has authorized a $5 million increase to the existing $25 million share repurchase program for a total aggregate amount of $30 million.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.