earnings
confidence high
sentiment neutral
materiality 0.65
Clean Energy Q3 revenue $125.7M, RNG gallons up 28% YoY, net loss $(9.0)M
Clean Energy Fuels Corp.
2022-Q3 EPS reported
-$0.21
revenue$306,408,000
- Revenue $125.7M (+46% YoY); net loss $(9.0)M ($(0.04)/share) vs $(3.9M) loss in Q3 2021.
- RNG gallons sold 54.1M, up 28.2% from Q3 2021; nine-month RNG gallons 143.8M, +17.8%.
- Non-GAAP EPS $0.06; Adjusted EBITDA $24.1M vs $13.4M in Q3 2021.
- AFTC revenue of $16.1M from reinstatement under Inflation Reduction Act; Amazon warrant charges $7.0M.
- World Fuels LNG supply agreement for Pasha ships cited as volume growth driver.