Cool Co Q3 Sales $92.9M Up From $65.83M YoY; Net Income $39.17M Up From $36.77M YoY
Portfolio Pulse from Benzinga Newsdesk
Cool Co (NYSE:CLCO) reported a significant increase in Q3 sales to $92.9M, up from $65.83M year-over-year (YoY). Net income also rose to $39.17M from $36.77M YoY.
November 28, 2023 | 7:31 am
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POSITIVE IMPACT
Cool Co reported a strong Q3 with sales and net income both increasing YoY, indicating robust financial performance.
The reported increase in both sales and net income is a positive indicator of Cool Co's financial health and is likely to be viewed favorably by investors, potentially leading to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100