Stabilis Solutions Reports Q2 2023 Net Loss of $2.2 Million Amidst Decline in Revenues
Revenue Decreases to $12.9 Million for Q2 2023; Company Continues to Navigate Challenging Market Environment
By USInMinutes
Published - Aug 16, 2023, 04:35 PM ET
Last Updated - Aug 22, 2024, 03:33 AM EDT
Stabilis Solutions, Inc.(SLNG) and its subsidiaries released their unaudited financial results for the second quarter of 2023, revealing a net loss of $2.2 million. The company's revenue for the same period stood at $12.9 million, reflecting a challenging business environment that has impacted its financial performance.
Net Income/Loss
Stabilis Solutions faced a net loss of $2.2 million in the second quarter of 2023, indicating a challenging period for the company. This loss is in contrast to the previous year's net loss of $2.2 million during the same quarter.
Revenue
