---
schema_version: "secwatch.filing_event.v1"
accession: "0001749723-24-000049"
form_type: "8-K"
ticker: "NFE"
cik: "0001749723"
company_name: "New Fortress Energy Inc."
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T11:55:55.503063+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# New Fortress Energy Q1 net income $57M, Adj. EBITDA $340M; FLNG commissioning, dividend $0.10

## Summary
- Q1 net income $56.7M ($0.26 diluted EPS) vs $151.6M ($0.71) a year ago; adjusted EPS $0.67.
- Adjusted EBITDA $340M, down from $440M in prior-year quarter; revenue $690.3M (up 19% YoY).
- FLNG unit commissioning; first LNG expected May, first full cargo June; Brazil terminals operational with 2.2 GW power under construction.
- Board declared $0.10/share dividend, payable June 27 to holders of record June 15.
- Sold FEMA power plants in Puerto Rico, won 80 Tbtu island-wide gas contract; 2024 illustrative Adj. EBITDA goal ~$2B.

## SEC filing metadata
- accession: 0001749723-24-000049
- form_type: 8-K
- ticker: NFE
- cik: 0001749723
- company_name: New Fortress Energy Inc.
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1749723/000174972324000049/0001749723-24-000049-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1749723/000174972324000049/nfe-20240508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001749723-24-000049
- JSON: https://secwatch.observer/filing/0001749723-24-000049.json
- Plain text: https://secwatch.observer/filing/0001749723-24-000049.txt

## Key facts
- Earnings Releases
  New Fortress Energy Inc. reported the first quarter of 2024 results: revenue $690.3, net income $56.7, EPS $0.26.
  - Period: the first quarter of 2024
  - Revenue: $690.3
  - Net income: $56.7
  - EPS: $0.26
  - Result: reported results
  source text: of June 15, 2024 and a payment date of June 27, 2024. Financial Detail Three Months Ended (in millions) March 31, 2023 December 31, 2023 March 31, 2024 Revenues $ 579.1 $ 758.4 $ 690.3 Net income $ 151.6 $ 214.9 $ 56.7 Diluted EPS $ 0.71 $ 1.06 $ 0.26 Adjusted net income (6) $ 187.6 $ 206.6 $ 138.4 Adjusted EPS (2) $ 0.90 $ 1.01 $ 0.67 Terminals and
  evidence_url: https://www.sec.gov/Archives/edgar/data/1749723/000174972324000049/0001749723-24-000049-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.