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Stock impact report

FTAI Infrastructure Inc. Reports Third Quarter 2024 Results, Declares Dividend of $0.03 per Share of Common Stock

FTAI Infrastructure Inc. (FIP) 
Company Research Source: GlobeNewswire
NEW YORK, Oct. 30, 2024 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ:FIP) (the “Company” or “FTAI Infrastructure”) today reported financial results for the third quarter 2024. The Company’s consolidated comparative financial statements and key performance measures are attached as an exhibit to this press release. Financial Overview (in thousands, except per share data)Selected Financial ResultsQ3’24Net Loss Attributable to Stockholders$(49,971)Basic and Diluted Loss per Share of Common Stock$(0.45)Adjusted EBITDA (1)$36,928 Adjusted EBITDA - Four core segments (1)(2)$42,543      _______________________________ (1)   For definitions and reconciliations of non-GAAP measures, please refer to the exhibit to this press release.(2)   Excludes Sustainability and Energy Transition and Corporate and Other segments. Third Quarter 2024 Dividends On October 30, 2024, the Company’s Board of Directors (the “Board”) declared a cash dividend on its common stock of $0.03 per share for th Show less Read more
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