Stabilis Solutions Q3 revenue up 19% QoQ; signs multi-year LNG bunkering deal with Carnival

Stabilis Solutions, Inc.

2023-Q3 EPS reported -$0.07 revenue$55,065,000

Q3 2023 quarter-over-quarter revenue growth of 19%; Adjusted EBITDA of $0.5 million.
Announced multi-year marine LNG bunkering contract with Carnival Corporation starting December 2023.
Procured components for a second 100,000 GPD liquefaction train to boost total capacity to 230,000 GPD.
Gas composition changes at Texas facility had ($1.3M) EBITDA impact in Q3, ($3.2M) YTD; $8.6M cash & liquidity.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.7

Stabilis Solutions, Inc. reported financial results for third quarter ended September 30, 2023.

Period: third quarter ended September 30, 2023
Result: reported results

Exact text from the filing

On November 8, 2023, Stabilis Solutions, Inc. (the “Company”) issued a press release announcing information regarding its results of operations and financial condition for the nine months ended September 30, 2023.

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Source: SEC EDGAR

accession 0001437749-23-031025

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