Cool Company reports Q2 results

9 hours ago 1

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Cool Company press release (NYSE:CLCO): Q2 Net income of $11.9million in Q2 with the increase primarily due to lower repositioning expenses during Q2 as our newbuild vessel GAIL Sagar commenced its long-term charter during Q1
Revenue of $85.5M (+11.9% Y/Y).
Achieved average Time Charter Equivalent Earnings ("TCE")² of $69,900 per day for Q2, compared to $70,600 per day for Q1;
Adjusted EBITDA² of $56.5 million for Q2, compared to $53.4 million for Q1

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