Clean Energy Q1 revenue $103.7M; net loss narrows to -$18.4M; Adj. EBITDA positive $12.8M

Clean Energy Fuels Corp.

2024-Q1 EPS reported -$0.08 revenue$103,709,000

Revenue $103.7M (down 21.6% YoY from $132.2M); net loss -$18.4M (-$0.08) vs -$38.7M (-$0.17).
Adjusted EBITDA $12.8M vs -$4.0M YoY; non-GAAP EPS -$0.01 vs -$0.07.
RNG gallons sold 58.0M, up 8.6% YoY; cash & investments $248.9M.
2024 outlook unchanged: GAAP net loss ~$(111)M to $(101)M; Adj. EBITDA $62M-$72M.

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 first quarter ended March 31, 2024 results: revenue $103.7 million, net income $(18.4) million, EPS $(0.08) per share. Guidance reaffirmed.

Period: first quarter ended March 31, 2024
Revenue: $103.7 million
Net income: $(18.4) million
EPS: $(0.08) per share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Clean Energy Reports Revenue of $103.7 Million and 58.0 Million RNG Gallons Sold for the First Quarter of 2024

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Source: SEC EDGAR

accession 0001558370-24-007611

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