Clean Energy Fuels (CLNE) Misses Q3 EPS by 7c, Beats on Revenue

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Go back to Clean Energy Fuels (CLNE) Misses Q3 EPS by 7c, Beats on Revenue

Clean Energy Reports Revenue of $104.9 Million and 59.6 Million RNG Gallons Sold for the Third Quarter of 2024

November 6, 2024 4:05 PM EST

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 Highlights

Revenue 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... More