FLEX LNG Ltd: Third Quarter Results 2017
NextDecade Corporation (NEXT)
US:NASDAQ Investor Relations:
next-decade.com/investors
Company Research
Source: GlobeNewswire
HAMILTON, Bermuda, Nov. 21, 2017 (GLOBE NEWSWIRE) -- FLEX LNG LTD. (Oslo Børs:FLNG) (together with its subsidiaries, the “Company” or “FLEX LNG”), an emerging leader in the Liquefied Natural Gas (“LNG”) shipping and floating regasification market, today reports unaudited results for the three and nine months ended September 30, 2017. Highlights for Q3 2017: Reported Revenues of $9.8m vs. $8m in previous quarter.Reported Operating Loss before Depreciation of $4.1m vs. Operating Loss before Depreciation of $7.4m in previous quarter.Reports loss before tax for the third quarter of $4.0m, or $0.01 per share and $11.7m, or $0.04 per share, for the nine months ending September 30, 2017.During the quarter, operated four chartered-in LNG carriers (“LNGC”) to be able to establish a market presence and build an operational track record.At the end of third quarter, two chartered-in vessels were redelivered while remaining two chartered-in vessels were subsequently extended for an add
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