Clean Energy Fuels (CLNE) Tops Q3 EPS by 2c

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Clean Energy Reports 84.5 Million Gallons Delivered and Revenue of $97.0 Million for Third Quarter of 2016

November 3, 2016 4:05 PM EDT

NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- Clean Energy Fuels Corp. (NASDAQ: CLNE) ("Clean Energy" or the "Company") today announced operating results for the third quarter ended September 30, 2016.

The Company delivered 84.5 million gallons in the third quarter of 2016, a 5% increase from 80.6 million gallons delivered in the third quarter of 2015.

Revenue for the third quarter of 2016 was $97.0 million, a 5% increase from $92.3 million for the third quarter of 2015. The Companys deliveries of vehicle fuel, renewable natural gas, customer station construction activity and excise tax credits for alternative fuels ("VETC") increased revenue in the third quarter of 2016.... More