FTAI Infrastructure Q3 2022 net loss $44.1M, diluted EPS -$0.43, declares $0.03 dividend

FTAI Infrastructure Inc.

2022-Q3 EPS reported -$1.13 revenue$190,575,000

Net loss attributable to stockholders $44.1M; diluted loss per share $0.43 for Q3 2022.
Adjusted EBITDA (core segments) $33.2M, excluding Sustainability and Corporate; sequential growth of 25% from Q2.
Board declared $0.03/share cash dividend payable Nov 28, 2022 to holders of record Nov 14, 2022.
Renewed existing Exxon contract at Jefferson Terminal for refined products to Mexico for new five-year term.
Purchased 12,000 acres in West Virginia for further development of gas reserves for Long Ridge.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

FTAI Infrastructure Inc. reported fiscal quarter ended September 30, 2022 results: net income $ (44,076 ), EPS $ (0.43 ).

Period: fiscal quarter ended September 30, 2022
Net income: $ (44,076 )
EPS: $ (0.43 )
Result: reported results

Exact text from the filing

NEW YORK, November 1, 2022 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ:FIP) (the “Company” or “FTAI Infrastructure”) today reported financial results for the third quarter 2022.

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FTAI Infrastructure Inc. filing history →

Source: SEC EDGAR

accession 0001140361-22-039426

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