Camber Energy Reports Q-2 2024 Revenue of $9.92 Million
Camber Energy (OTC:PK:CEIN) reported significant revenue growth in Q2 2024, with revenues reaching $9.92 million. This marks a substantial increase compared to previous years' Q2 results. The company's revenue primarily stems from its power solutions business, including design, sale, and service of power generation units and systems.
Comparing Q2 2024 to Q1 2024, Camber Energy saw a 19.66% increase in revenue, rising from $8.29 million to $9.22 million. This growth trajectory demonstrates the company's expanding market presence and operational success in the power solutions sector.
Camber Energy (OTC:PK:CEIN) ha riportato una significativa crescita dei ricavi nel secondo trimestre del 2024, con ricavi che hanno raggiunto 9,92 milioni di dollari. Questo segna un sostanziale aumento rispetto ai risultati del secondo trimestre degli anni precedenti. I ricavi dell'azienda provengono principalmente dalla sua attività di soluzioni energetiche, che include progettazione, vendita e assistenza per unità e sistemi di generazione di energia.
Confrontando il secondo trimestre del 2024 con il primo trimestre del 2024, Camber Energy ha registrato un aumento del 19,66% dei ricavi, passando da 8,29 milioni a 9,22 milioni di dollari. Questa traiettoria di crescita dimostra l'espansione della presenza di mercato dell'azienda e il suo successo operativo nel settore delle soluzioni energetiche.
Camber Energy (OTC:PK:CEIN) reportó un crecimiento significativo de ingresos en el segundo trimestre de 2024, con ingresos que alcanzaron 9,92 millones de dólares. Esto marca un aumento sustancial en comparación con los resultados del segundo trimestre de años anteriores. Los ingresos de la empresa provienen principalmente de su negocio de soluciones energéticas, incluyendo diseño, venta y servicio de unidades y sistemas de generación de energía.
Al comparar el segundo trimestre de 2024 con el primer trimestre de 2024, Camber Energy vio un aumento del 19,66% en ingresos, subiendo de 8,29 millones a 9,22 millones de dólares. Esta trayectoria de crecimiento demuestra la expansión de la presencia de mercado de la empresa y su éxito operativo en el sector de soluciones energéticas.
캠버 에너지 (OTC:PK:CEIN)는 2024년 2분기 동안 992만 달러에 달하는 상당한 수익 성장률을 보고했습니다. 이는 이전 연도의 2분기 결과와 비교할 때 상당한 증가입니다. 회사의 수익은 주로 전력 솔루션 사업에서 나오며, 이에는 전력 생성 장치 및 시스템의 설계, 판매 및 서비스가 포함됩니다.
2024년 1분기와 비교할 때, 캠버 에너지는 수익이 19.66% 증가하여 829만 달러에서 922만 달러로 상승했습니다. 이 성장 궤적은 회사의 시장 존재감과 전력 솔루션 부문에서의 운영 성공을 보여줍니다.
Camber Energy (OTC:PK:CEIN) a rapporté une croissance significative de ses revenus au 2e trimestre 2024, atteignant 9,92 millions de dollars. Cela représente une augmentation substantielle par rapport aux résultats du 2e trimestre des années précédentes. Les revenus de l'entreprise proviennent principalement de son secteur de solutions énergétiques, y compris la conception, la vente et le service d'unités et de systèmes de production d'énergie.
En comparant le 2e trimestre 2024 au 1er trimestre 2024, Camber Energy a constaté une augmentation de 19,66% de ses revenus, passant de 8,29 millions à 9,22 millions de dollars. Cette trajectoire de croissance démontre l'expansion de la présence de l'entreprise sur le marché et son succès opérationnel dans le secteur des solutions énergétiques.
Camber Energy (OTC:PK:CEIN) berichtete über ein signifikantes Umsatzwachstum im 2. Quartal 2024, mit Umsätzen von 9,92 Millionen Dollar. Dies stellt einen erheblichen Anstieg im Vergleich zu den Ergebnissen des 2. Quartals der Vorjahre dar. Der Umsatz des Unternehmens stammt hauptsächlich aus seinem Stromlösungs-Geschäft, welches Design, Verkauf und Service von Stromerzeugungseinheiten und -systemen umfasst.
Im Vergleich zum 1. Quartal 2024 verzeichnete Camber Energy einen Umsatzanstieg von 19,66%, der von 8,29 Millionen auf 9,22 Millionen Dollar anstieg. Diese Wachstumsdynamik zeigt die wachsende Marktpräsenz des Unternehmens und seinen operativen Erfolg im Bereich der Stromlösungen.
- Q2 2024 revenue reached $9.92 million, showing significant growth compared to previous years
- 19.66% quarter-over-quarter revenue increase from Q1 2024 ($8.29 million) to Q2 2024 ($9.22 million)
- Strong performance in power solutions business, including design, sale, and service of power generation units and systems
- None.
Historical Q-2 Revenue Comparison Highlights Significant Growth
HOUSTON, TX / ACCESSWIRE / August 26, 2024 / Camber Energy, Inc. (OTC:PK:CEIN) ("Camber" or the "Company") filed on August 26, 2024 its quarterly report on Form 10-Q for the quarter ended 6/30/2024 and is pleased to share a comparison of revenues reported in Q-2 2024 versus revenues reported by the Company in Q-2 for the preceding three years.
Q-2 Historical Reported Revenue Comparison:
Revenues for Q-2 2024 were derived primarily from the Company's power solutions' business, including from the design, sale and/or service of power generation units and systems.
2024 Q-2 versus Q-1 Comparison:
Revenues for the quarter ended 6/30/2024 were
Other Q-2 Highlights:
Other highlights from 2024, as previously disclosed, include:
About Camber Energy, Inc.
Camber Energy, Inc. is a growth-oriented diversified energy company. Through its wholly-owned subsidiary, Viking Energy Group, Inc., Camber: (i) provides custom energy & power solutions to commercial and industrial clients in North America; (ii) holds an exclusive license in Canada to a patented carbon-capture system; and (iii) has a majority interest in: (a) entities with the intellectual property rights to patented and patent pending electric transmission and distribution broken conductor protection systems; and (b) an entity with intellectual property rights to a patented medical and bio-hazard waste treatment system using ozone technology. For more information, please visit the company's website at www.camber.energy.
SEC Reports
All figures referenced herein are approximate and all descriptions above are qualified in their entirety by Camber's filings with the Securities and Exchange Commission (the "SEC"), including, without limitation, Camber's Quarterly Report on Form 10-Q filed on August 26, 2024 with the SEC (the "10-Q") and available under "Investors -- SEC Filings" at www.camber.energy. The prior period comparative financial information in the 10-Q is, as noted therein, that of Viking Energy Group, Inc. ("Viking"), a wholly-owned subsidiary of Camber as a result of the merger involving Camber and Viking that closed on or about August 1, 2023.
Forward-Looking Statements
This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. Any statements that are not historical facts contained in this press release are "forward-looking statements", which statements may be identified by words such as "expects," "plans," "projects," "will," "may," "anticipates," "believes," "should," "intends," "estimates," and other words of similar meaning. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions that may be cancelled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the fluctuation of global economic conditions or economic conditions with respect to the oil and gas industry, the COVID-19 pandemic, the performance of management, actions of government regulators, vendors, and suppliers, our cash flows and ability to obtain financing, competition, general economic conditions and other factors that are detailed in Camber's filings with the SEC. We intend that all forward-looking statements be subject to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995.
Camber cautions that the foregoing list of important factors is not complete, any forward-looking statement speaks only as of the date on which such statement is made, and Camber does not undertake to update any forward-looking statements that it may make, whether as a result of new information, future events or otherwise, except as required by applicable law. All subsequent written and oral forward-looking statements attributable to Camber or any person acting its behalf are expressly qualified in their entirety by the cautionary statements referenced above.
Contact Information
Investors and Media:
Tel. 281.404.4387
SOURCE: Camber Energy, Inc.
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