earnings
confidence high
sentiment negative
materiality 0.55
FTAI Infrastructure Q3 net loss $56.1M ($0.55/share); declares $0.03 dividend
FTAI Infrastructure Inc.
2023-Q3 EPS reported
-$1.32
revenue$239,032,000
- Net loss of $56.1M, or $0.55 per diluted share for Q3 2023.
- Adjusted EBITDA of $24.7M; core segments generated $32.2M.
- Declares $0.03 per share dividend payable Nov 16 to holders of record Nov 9.
- Jefferson Terminal signed multiple contracts; some already contributing to Q4.
- Transtar expects new third-party railcar repair and transloading opportunities in coming months.