earnings
confidence high
sentiment neutral
materiality 0.60
Atlas Energy Q3 2023: Sales $157.6M, net income $56.3M, margins remain strong
Atlas Energy Solutions Inc.
2023-Q3 EPS reported
$1.21
revenue$472,822,000
- Sales of $157.6M, net income $56.3M (36% margin), adjusted EBITDA $84.1M (53% margin).
- Quarterly dividend maintained at $0.20/share ($0.15 fixed, $0.05 variable), payable Nov 16, 2023.
- Adjusted Free Cash Flow $68.5M (43% margin); operating cash flow $55.4M.
- Dune Express construction on time and on budget; Kermit wet plant commissioning underway.
- Sequential decline from Q2 2023 ($71.2M net income, $92.8M adjusted EBITDA).