secwatch.observer — SEC 8-K summary
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Issuer:     FTAI Infrastructure Inc. (FIP)
CIK:        0001899883
Form:       8-K
Filed at:   2023-05-02T23:59:59+00:00
Accession:  0001140361-23-022479
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FTAI Infrastructure Q1 net loss $40.6M, Adj. EBITDA $21.9M; declares $0.03 dividend
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- Net loss of $40.6M ($0.39 basic, $0.40 diluted loss per share) for Q1 2023.
- Adjusted EBITDA of $21.9M; four core segments contributed $30.1M.
- Declared cash dividend of $0.03 per share, payable May 26, 2023 to holders of record May 15, 2023.
- Transtar Q1 EBITDA $17.2M (up from $13.5M Q4 2022); Repauno EBITDA loss $4.9M due to costs for new tolling contract starting April 1.
- Long Ridge power plant returned to normal ops in early Jan after Q4 2022 outage.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1899883/000114036123022479/0001140361-23-022479-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1899883/000114036123022479/brhc20052284_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-022479

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