earnings
confidence high
sentiment positive
materiality 0.70
Montauk Renewables H1 2024 revenue up 13%, turns to headline earnings of $1.6M
Montauk Renewables, Inc.
2024-Q2 EPS reported
$0.01
revenue$82,125,000
- Revenue $82.1M for six months ended June 30, 2024, up 13% YoY from $72.4M.
- EBITDA $15.6M, up 57% YoY from $9.9M; headline earnings $1.6M vs loss of $2.1M.
- EPS $0.01 vs ($0.02) loss; headline EPS $0.01 vs ($0.01) loss.
- Net asset value per common share $1.80, up 12% from $1.61.
- No dividend declared; directors focus resources on operational development.