CORRECTION: Cool Company Ltd. Ticker "CLCO" Reported Q3 Sales $92.9M Up From $65.83M YoY; Net Income $39.17M Up From $36.77M YoY
Portfolio Pulse from Benzinga Newsdesk
Cool Company Ltd. (CLCO) reported an increase in Q3 sales to $92.9M from $65.83M YoY, and a rise in net income to $39.17M from $36.77M YoY.
November 28, 2023 | 12:46 pm
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POSITIVE IMPACT
Cool Company Ltd. reported a significant increase in Q3 sales and net income compared to the same quarter last year.
The reported increase in both sales and net income is a strong positive indicator for Cool Company Ltd. and is likely to be viewed favorably by investors. This financial performance suggests growth and profitability, which can lead to a positive short term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100