earnings
confidence high
sentiment negative
materiality 0.75
Montauk Renewables FY2023 revenue down 15%, headline EPS falls 59% to $0.11; no dividend declared
Montauk Renewables, Inc.
- Revenue $174.9M, down 15% from $205.6M in FY2022.
- EBITDA $45.3M, down 31% from $65.7M.
- Headline earnings $15.8M, down 59% from $38.7M; headline EPS $0.11 vs $0.27.
- Earnings per share $0.11, down 56% from $0.25.
- Board resolved not to declare a final dividend to focus on development of operations portfolio.