Clean Energy Q3 revenue $104.9M, net loss $(18.2)M, RNG gallons up 5.1%

Clean Energy Fuels Corp.

2024-Q3 EPS reported -$0.24 revenue$306,539,000

Revenue of $104.9M in Q3 2024 vs $95.6M in Q3 2023; net loss improved to $(18.2)M from $(25.8)M.
Adjusted EBITDA rose to $21.3M in Q3 2024 from $14.2M in Q3 2023.
RNG gallons sold 59.6M, up 5.1% YoY; full-year GAAP net loss outlook unchanged at $(91)M to $(81)M.
Broke ground on South Fork Dairy RNG facility (16,000 cows, 2.6M annual gallons); opened two CNG stations in Canada.
Launched demo program with Cummins X15N engine; signed agreement with Houston Metro for 2M gallon/year station.

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