Icon Energy Sees 1H Revenue Of $2.6M-$2.8M, Up 15%-20% YoY

Author: Benzinga Newsdesk | August 23, 2024 08:20am

Earnings Preview

We plan to announce our unaudited interim financial results for the six-month period ended June 30, 2024, on or before September 10, 2024, expecting to report:

• Revenue, net between $2.6 million and $2.8 million, an increase of between 15% and 20% compared to the corresponding period of 2023;
• Operating profit between $0.9 million and $1.1 million, an increase of between 42% and 50% compared to the corresponding period of 2023; and
• Net income between $0.9 million and $1.1 million, an increase of about 40% to 45% compared to the corresponding period of 2023.
  
   

The above financial results are preliminary and based on information available to us as of the date of this press release. We have not finalized our financial statement closing process for the six-month period ended June 30, 2024. During the course of that process, we may identify items that would require us to make adjustments, which may be material to the information provided above. As a result, the information above constitutes forward-looking statements and is subject to risks and uncertainties, including possible adjustments to these preliminary results. We are providing this information on a one-time basis only and do not intend to update this information prior to the final earnings release for each reporting period.

Posted In: ICON