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Golar LNG Swings to Profit in Q1, Revenue Declines
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Golar LNG Swings to Profit in Q1, Revenue Declines
May 28, 2024 5:25 AM

07:52 AM EDT, 05/28/2024 (MT Newswires) -- Golar LNG (GLNG) reported Q1 net income Tuesday of $55.2 million, swinging from a net loss of $101.9 million a year earlier.

Four analysts polled by Capital IQ expected a net income of $37.8 million.

Total operating revenue for the quarter ended March 31 was $65 million, compared with $74 million a year earlier. Four analysts surveyed by Capital IQ expected $72.8 million.

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