earnings
confidence high
sentiment neutral
materiality 0.60
Clean Energy Q2 revenue $98.0M (+8% YoY), net loss $(16.3M), adj. EBITDA $18.9M
Clean Energy Fuels Corp.
2024-Q2 EPS reported
-$0.16
revenue$201,663,000
- Revenue $98.0M vs $90.5M YoY; net loss per share $(0.07) unchanged.
- Adjusted EBITDA $18.9M vs $12.1M YoY; RNG gallons sold 57.1M (-2.6% YoY).
- Updated 2024 GAAP net loss guidance to $(91)M-$(81)M; adj. EBITDA $62M-$72M unchanged.
- Partnered with Maas Energy for up to 9 RNG dairy facilities, $130M capex, ~4M gallons/yr.
- Completed another dairy RNG project ($22M, 1,850 cows); six dairy projects now operational.