Stabilis Solutions Q3 revenue record $19.7M (+118% YoY); net loss $4.6M on $3.4M special items

Stabilis Solutions, Inc.

2021-Q3 EPS reported -$0.32 revenue$53,420,000

Revenue $19.7M (record), up 118% YoY; LNG segment $17.8M, gallons delivered 15.0M (+82% YoY).
Net loss $4.6M vs $2.1M loss YoY; GAAP EBITDA loss $2.0M, adjusted EBITDA $1.4M.
Special items $3.0M for executive leadership transition plus $0.4M lease impairment charge.
CEO Westy Ballard reaffirms focus on core business and pursuing growth drivers in LNG and hydrogen.

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