earnings
confidence high
sentiment neutral
materiality 0.60
Stabilis Solutions Q1 2022 revenue $23M, net loss narrows to $0.4M from $2.3M Q4 2021
Stabilis Solutions, Inc.
2022-Q1 EPS reported
-$0.02
revenue$23,033,000
- Revenue $23.0M: LNG segment $20.3M, power delivery $2.8M.
- Net loss $0.4M vs $2.3M loss in Q4 2021; Adjusted EBITDA $2.0M vs $0.9M.
- Net cash from operations $2.2M; total liquidity $4.5M at March 31, 2022.
- CEO cites business optimization driving improved profitability despite inflation.
- Growth opportunities noted in marine bunkering, aerospace, and Mexico.