Clean Energy Q3 revenue $95.6M, net loss $(0.12)/share; cuts 2023 outlook

Clean Energy Fuels Corp.

2023-Q3 EPS reported -$0.36 revenue$318,302,000

Revenue $95.6M in Q3 2023, down 24% from $125.7M in Q3 2022.
GAAP net loss $(25.8)M ($(0.12)/share) vs $(9.0)M ($(0.04)/share) a year ago.
Adjusted EBITDA $14.2M compared to $23.9M in Q3 2022.
RNG gallons sold 56.7M, up 4.8% YoY; Amazon warrant charges $16.8M non-cash contra-revenue.
Updated FY 2023 outlook: GAAP net loss $(98)M-$103M; Adjusted EBITDA $42M-$47M.

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 0.95

Clean Energy Fuels Corp. reported the third quarter ended September 30, 2023 results: revenue $95.6 million, net income $(25.8) million, EPS $(0.12) per share.

Period: the third quarter ended September 30, 2023
Revenue: $95.6 million
Net income: $(25.8) million
EPS: $(0.12) per share
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 $95.6 Million and 56.7 Million RNG Gallons Sold for the Third Quarter of 2023 NEWPORT BEACH, Calif. — (BUSINESS WIRE) — November 9, 2023 — Clean Energy Fuels Corp. (NASDAQ: CLNE) (“Clean

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Source: SEC EDGAR

accession 0001558370-23-018575

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