New Fortress Energy LLC (NFE) Tops Q2 EPS by 15c, Revenues Beat

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New Fortress Energy Announces Second Quarter 2022 Results

August 3, 2022 9:35 PM EDT

NEW YORK--(BUSINESS WIRE)-- New Fortress Energy Inc. (Nasdaq: NFE) (NFE or the Company) today reported its financial results for the second quarter of 2022.

Summary Highlights

Pleased to report Q2 2022 Adjusted EBITDA(1) of $283 million and $1.05 billion over the trailing twelve months ended June 30, 2022. NFE's net (loss) income for Q2 2022 and trailing twelve months was $(178) million and $197 million, respectively. Adjusted EPS for the period was $0.69 per share on a fully diluted basis, or EPS of $(0.81) per share when including a non-cash impairment charge of... More