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
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$17.30 mln
$17.90 mln (1 Analyst)
Q2 Net Income
-$600,000
Q2 Adjusted EBITDA
Miss
$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.)