secwatch.observer — SEC 8-K summary
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Issuer:     Atlas Energy Solutions Inc. (AESI)
CIK:        0001984060
Form:       8-K
Filed at:   2024-05-06T23:59:59+00:00
Accession:  0000950170-24-053224
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Atlas Energy Q1 net income $26.8M on sales $192.7M; declares $0.22 dividend
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- Total sales $192.7M, up 26% YoY from $153.4M; net income $26.8M (14% margin) vs $62.9M a year ago.
- Adjusted EBITDA $75.5M (39% margin), down from $84.0M (55% margin) in Q1 2023.
- Quarterly dividend increased to $0.22 per share ($0.16 fixed + $0.06 variable), payable May 23, 2024.
- Dune Express construction remains on-time and on-budget.
- Adjusted Free Cash Flow $71.1M (37% margin).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1984060/000095017024053224/0000950170-24-053224-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1984060/000095017024053224/aesi-20240506.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-053224

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer