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FLNGo - FLEX LNG News Story

NOK95.25 3.3  3.6%

Last Trade - 16/04/21

Sector
Energy
Size
Mid Cap
Market Cap £388.6m
Enterprise Value £1.31bn
Revenue £119.3m
Position in Universe 545th / 1827

BRIEF-Flex LNG Q2 Net Loss Narrows To $6.7 Mln Q/Q

Wed 19th August, 2020 6:06am
Aug 19 (Reuters) - FLEX LNG Ltd  FLNG.OL :
    * REVENUES OF $25.8 MILLION FOR Q2 2020, COMPARED TO $38.2 MILLION FOR Q1 2020
    * NET LOSS OF $6.7 MILLION AND LOSS PER SHARE OF $0.12 FOR Q2 2020, COMPARED TO A NET LOSS
OF
$14.9 MILLION AND LOSS PER SHARE OF $0.27 FOR Q1 2020
    * AVERAGE TIME CHARTER EQUIVALENT ("TCE") RATE OF $46,588 PER DAY FOR Q2 2020, COMPARED TO
$67,740
PER DAY FOR Q1 2020.
    * ADJUSTED EBITDA OF $17.4 MILLION FOR Q2 2020, COMPARED TO $27.8 MILLION FOR Q1 2020

Source text for Eikon:  ID:nGNEbz4L9Z 
Further company coverage:  FLNG.OL 

 (Gdansk Newsroom)
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