04:54 PM EDT, 05/14/2025 (MT Newswires) -- Navigator Holdings ( NVGS ) reported Q1 adjusted earnings late Wednesday of $0.36 per diluted share, up from $0.32 a year earlier.

Three analysts surveyed by FactSet expected $0.32.

Revenue for the quarter ended March 31 was $151.4 million, up from $134.2 million a year earlier.

Analysts polled by FactSet expected $134.4 million.

The company said its board authorized the repurchase of $50 million of common shares.

The company kept its quarterly dividend at $0.05 per share, payable June 17 to holders of record May 29.

The company also said that the substantial doubt over its ability to continue as a going concern that was disclosed earlier has been alleviated.

Shares were up nearly 4% in after-hours trading.