CMB.TECH NVCMBT
▲ PositiveCapitalDemandrelevance
Q2 EPS and revenue beat estimates with revenue up 81.5% YoY and EBITDA of $552.8M.
Impact on assets 1
Energy
CMB.TECH NVCmb.Tech NV Q2 EPS and Revenue Beat Estimates
3▲1 ▼0Impact / 5
Cmb.Tech NV reported second-quarter GAAP earnings per share of $1.26, beating estimates by $0.01, while revenue surged 81.5% year-over-year to $703.94 million, surpassing expectations by $125.01 million. EBITDA for the period reached $552.8 million. The company's contract backlog remained stable at $3.26 billion, with the addition of two two-year CSOV time charters and one one-year VLCC time charter. Cmb.Tech also announced its intention to distribute $0.64 per share.
CMB.TECH NVQ2 EPS and revenue beat estimates with revenue up 81.5% YoY and EBITDA of $552.8M.