03:46 AM EDT, 05/13/2026 (MT Newswires) -- FLEX LNG (FLNG) reported Q1 adjusted earnings Wednesday of $0.31 per diluted share, down from $0.54 a year earlier.

Analysts polled by FactSet expected $0.36.

Revenue for the quarter ended March 31 was $78.0 million, down from $86.8 million a year earlier.

Analysts surveyed by FactSet expected $80.4 million.

For 2026 the company lifted its revenue guidance to between $345 million and $370 million, up from the previous projection of $310 million to $340 million.

Analysts surveyed by FactSet expect $336.1 million.

The liquified natural gas shipping company maintained a quarterly dividend of $0.75 per share, payable on or around June 11 to shareholders of record as of May 29.

Shares of the company were down 1.3% in recent premarket activity.