earnings
confidence high
sentiment negative
materiality 0.60
Clean Energy Fuels Q1 2022: Revenue up 8.2%, net loss widens to $24.2M
Clean Energy Fuels Corp.
2022-Q1 EPS reported
-$0.11
revenue$83,497,000
- Gallons delivered 95.8M (+3.7% YoY); RNG gallons 39.7M (+7.3% YoY).
- Revenue $83.5M (+8.2%); reduced by $3.8M Amazon warrant charge and $1.0M unrealized loss.
- GAAP net loss $(24.2)M ($0.11/share) vs $(7.2)M ($0.04) in Q1 2021.
- Non-GAAP loss per share $(0.05); Adjusted EBITDA $3.3M vs $11.6M YoY.
- Cash and investments $229M unchanged; CEO cites RNG plan execution despite market volatility.