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Stock impact report

Stabilis Solutions Announces Third Quarter 2024 Results [Yahoo! Finance]

Stabilis Solutions, Inc. (SLNG) 
Company Research Source: Yahoo! Finance
fueling, production, storage, and last mile delivery solutions for many of the world's most recognized, high-performance brands, today announced financial results for the third quarter ended September 30, 2024. THIRD QUARTER PERFORMANCE HIGHLIGHTS Strong customer demand supported by ratable long-term contractual agreements and improved plant utilization 22% increase in LNG sales volumes on a year-over-year basis Delivered positive net income, an improvement of $1.2 million on a year-over-year basis Adjusted EBITDA of $2.6 million, an increase of $2.0 million on a year-over-year basis $2.6 million of cash flow from operations, an increase of 73% on a year-over-year basis $15.6 million of cash and availability under credit agreements as of September 30, 2024 MANAGEMENT COMMENTARY "We continued to advance our multi-year business transformation strategy during the third quarter, culminating in significant year-over-year growth in revenue and profitability, together with Show less Read more
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