FLEX LNG reports Q3 results, guides Q4

seekingalpha
12 Nov 2024
  • FLEX LNG press release (NYSE:FLNG): Q3 Non-GAAP EPS of $0.53.
  • Revenue of $90.5M, close to guidance of $90M
  • GAAP EPS of $0.32, TCE rate ~$75,400/day
  • Expects Q4 revenues to be $90M, adjusted EBITDA of $70M, and Time Charter Equivalent earnings of $73-75'/ day
  • FY guidance: TCE rate  ~$75’/day, revenues $353M-355M, Adj EBITDA of  $271M-274M

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