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SLNG — Stabilis Solutions News Story

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Brief: Stabilis Solutions Q2 Net Income USD -600 Thousand

Overview

Stabilis Q2 revenue falls 7% yr/yr, missing analyst expectations, per LSEG data

Adjusted EBITDA for Q2 misses analyst expectations, reflecting lower equipment revenues

Company sees growth in aerospace, marine, and power generation markets

Outlook

Company plans to invest in LNG infrastructure for emerging opportunities

Company focuses on cash flow generation and maintaining liquidity for growth

Stabilis aims to expand customer relationships in high-growth markets

Result Drivers

REVENUE DECLINE - Total revenue fell 7% year-over-year due to completion of a large project in late 2024, per CEO Casey Crenshaw

MARKET GROWTH - Aerospace, marine, and power generation markets grew 15% year-over-year, driven by demand for LNG solutions, according to CEO Casey Crenshaw

Key Details

MetricBeat/MissActualConsensus Estimate
Q2 RevenueMiss$17.30 mln$17.90 mln (1 Analyst)
Q2 Net Income-$600,000
Q2 Adjusted EBITDAMiss$1.50 mln$2.30 mln (1 Analyst)
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell" The average consensus recommendation for the oil & gas transportation services peer group is "buy" Wall Street's median 12-month price target for Stabilis Solutions Inc is $10.50, about 54% above its August 5 closing price of $4.83 The stock recently traded at 74 times the next 12-month earnings vs. a P/E of 36 three months ago Press Release: ID:nACS3W30Ra (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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