Clean Energy Reports Revenue of $104.9 Million and 59.6 Million RNG Gallons Sold for the Third Quarter of 2024
Clean Energy Fuels Corp. (CLNE)
Last clean energy fuels corp. earnings: 11/12 08:00 am
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investors.cleanenergyfuels.com
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Source: Business Wire
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Clean Energy Fuels Corp. (NASDAQ: CLNE) (“Clean Energy” or the “Company”) today announced its operating results for the third quarter of 2024.Financial HighlightsRevenue of $104.9 million in Q3 2024 compared to $95.6 million in Q3 2023.Net loss attributable to Clean Energy for Q3 2024 was $(18.2) million, or $(0.08) per share, on a GAAP (as defined below) basis, compared to $(25.8) million, or $(0.12) per share, for Q3 2023.Adjusted EBITDA (as defined below) was $21.3 million for Q3 2024, compared to $14.2 million for Q3 2023.Cash, Cash Equivalents (less restricted cash) and Short-Term Investments totaled $243.5 million as of September 30, 2024.2024 outlook:GAAP net loss of approximately $(91) million to $(81) million (unchanged).Adjusted EBITDA of $62 million to $72 million (unchanged).Operational and Strategic HighlightsRenewable natural gas (“RNG”) gallons sold of 59.6 million gallons in Q3 2024, a 5.1% increase compared to Q3 2023.Broke
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CLNE
News
- Clean Energy to Design and Build New Hydrogen Station for Riverside Transit Agency [Yahoo! Finance]Yahoo! Finance
- Clean Energy to Design and Build New Hydrogen Station for Riverside Transit AgencyBusiness Wire
- Clean Energy Fuels Corp. (NASDAQ: CLNE) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Clean Energy Inks New Renewable Natural Gas Deals With Cross-Industry Customers Seeking a Sustainable, Clean Fuel [Yahoo! Finance]Yahoo! Finance
- Clean Energy Inks New Renewable Natural Gas Deals With Cross-Industry Customers Seeking a Sustainable, Clean FuelBusiness Wire
CLNE
Earnings
- 11/6/24 - Beat
CLNE
Sec Filings
- 11/12/24 - Form SC
- 11/6/24 - Form 10-Q
- 11/6/24 - Form 8-K
- CLNE's page on the SEC website