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FLNG - Flex LNG Non-GAAP EPS of $0.45 vessel operating revenue of $74.57M misses by $11.32M
FLEX LNG Ltd.
Flex LNG press release (NYSE:FLNG): Q1 Non-GAAP EPS of $0.45. Vessel operating revenue of $74.57M (-8.3% Y/Y) misses by $11.32M. Average Time Charter Equivalent rate of $62,627 per day for the first quarter 2022, compared to $95,908 per day for the fourth quarter 2021. Adjusted EBITDA of $56.3 million for the first quarter 2022, compared to $95.5 million for the fourth quarter 2021.