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Stock impact report

Flex LNG - First Quarter 2024 Earnings Release [Yahoo! Finance]

FLEX LNG Ltd. Ordinary Shares (FLNG) 
Company Research Source: Yahoo! Finance
Highlights: Vessel operating revenues of $90.2 million for the first quarter 2024, compared to $97.2 million for the fourth quarter 2023. Net income of $33.2 million and basic earnings per share of for the first quarter 2024, compared to net income of $19.4 million and basic earnings per share of for the fourth quarter 2023. Average Time Charter Equivalent ("TCE") rate of per day for the first quarter 2024, compared to per day for the fourth quarter 2023. Adjusted EBITDA of $70.6 million for the first quarter 2024, compared to $76.2 million for the fourth quarter 2023. Adjusted net income of $37.9 million for the first quarter 2024, compared to $37.8 million for the fourth quarter 2023. Adjusted basic earnings per share of for the first quarter 2024, compared to for the fourth quarter 2024. In January and February 2024 , the charterer of Flex Resolute and Flex Courageous declared their first options, under the time charters, to extend the firm period of each by an addit Show less Read more
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