earnings
confidence high
sentiment neutral
materiality 0.75
Q3 net income $3.9M (down 93% YoY); dividend raised to $0.24/share; $200M buyback authorized
Atlas Energy Solutions Inc.
2024-Q3 EPS reported
$0.42
revenue$784,619,000
- Sales $304.4M (up 93% YoY from $157.6M); net income $3.9M (down from $56.3M YoY).
- Adjusted EBITDA $71.1M (23% margin); adjusted free cash flow $58.7M.
- Quarterly dividend increased to $0.24/share from $0.22, payable Nov 14, 2024.
- Board authorized $200M share repurchase program; Dune Express commissioning underway.
- Net cash from operations $85.2M; adjusted EBITDA margin fell to 23% from 53% YoY.