Clean Energy Q2 rev $90.5M, net loss $16.3M; RNG gallons up 17%

Clean Energy Fuels Corp.

2023-Q2 EPS reported -$0.25 revenue$222,731,000

Revenue $90.5M vs $97.2M in Q2 2022; net loss $(16.3)M or $(0.07)/share.
Adjusted EBITDA $12.1M vs $10.0M YoY; RNG gallons sold 58.6M (+17.2%).
Non-cash Amazon warrant charge of $13.9M reduced revenue.
Reaffirming FY 2023 GAAP net loss of $(105)-(115)M, Adj. EBITDA $50-60M.
Entered JV with Tourmaline for CNG stations in Western Canada in April.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Clean Energy Fuels Corp. reported the second quarter ended June 30, 2023 results: revenue $90.5 million, net income $(16.3) million, or $(0.07) per share, on a GAAP basis, EPS $(0.07) per share. Guidance reaffirmed.

Period: the second quarter ended June 30, 2023
Revenue: $90.5 million
Net income: $(16.3) million, or $(0.07) per share, on a GAAP basis
EPS: $(0.07) per share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

In addition, the Company does not assume any obligation to update such information or exhibit in the future. --- EX-99.1 (EX-99.1) --- Clean Energy Reports Revenue of $90.5 Million and 58.6 Million RNG Gallons Sold for the Second Quarter of 2023 NEWPORT BEACH, Calif. — (BUSINESS WIRE) — August 9, 2023 — Clean Energy Fuels Corp. (NASDAQ: CLNE) (“Clean

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Source: SEC EDGAR

accession 0001558370-23-014255

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