FTAI Infrastructure reports Q2 net loss of $38.9M; core segment EBITDA up 20% QoQ

FTAI Infrastructure Inc.

2023-Q2 EPS reported -$0.77 revenue$158,326,000

Net loss attributable to stockholders $38.9M ($0.38 diluted EPS loss).
Adjusted EBITDA from four core segments $36.2M, up 20% vs Q1 2023.
Transtar business unit generated $20.3M Adjusted EBITDA in Q2.
Declared quarterly dividend of $0.03 per share, payable Aug 15, 2023.
Executed 15-year contract for clean fuels transloading at Jefferson South terminal.

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 second quarter 2023 results: net income Net Loss Attributable to Stockholders $ (38,853 ), EPS Basic and Diluted Loss per Share of Common Stock $ (0.38 ).

Period: second quarter 2023
Net income: Net Loss Attributable to Stockholders $ (38,853 )
EPS: Basic and Diluted Loss per Share of Common Stock $ (0.38 )
Result: reported results

Exact text from the filing

FTAI Infrastructure Inc. Reports Second Quarter 2023 Results, Declares Dividend of $0.03 per Share of Common Stock NEW YORK, July 25, 2023 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ:FIP) (the “Company” or “FTAI Infrastructure”) today reported financial results for the second quarter 2023.

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FTAI Infrastructure Inc. filing history →

Source: SEC EDGAR

accession 0001140361-23-036052

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