Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N
FLNG.OL - FLEX LNG Ltd
Q4 2022 FLEX LNG Ltd Earnings Call Key Takeaways
Feb 14, 2023 / NTS GMT
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Presentation
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Unidentified Company Representative, [1]
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Hi, everybody, and welcome to Flex LNG's fourth quarter highlight with you. Let's review the results. Revenues in the quarter came in at $98 million, in line with previous guidance of $95 million to $98 million. Net income and adjusted net income came in at $41 million and $55 million, respectively, were the main difference is that we realized gains of $14 million on derivatives during the quarter. Earnings per share and adjusted earnings per share came in at $0.78 and $1.02, respectively. In November last year, we also announced extension of -- time charters of 3 ships with Cheniere, where we added a minimum of 14 years of contractual backlog to an already sizable backlog. We today also announced completion of the
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