secwatch.observer — SEC 8-K summary
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Issuer:     New Fortress Energy Inc. (NFE)
CIK:        0001749723
Form:       8-K
Filed at:   2024-08-09T23:59:59+00:00
Accession:  0001749723-24-000069
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

New Fortress Energy Q2 2024 Adjusted EBITDA $120M, missing $275M guidance; FLNG 1 operational
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- Net loss of $87M, diluted EPS $(0.44); adjusted EPS $(0.41).
- Revenue $428M, down 24% YoY from $561M.
- FLNG 1 completed and in service July 19; First Cargo expected August 2024.
- Illustrative FY2024 Adjusted EBITDA goal $1.4-1.5B; FY2025 goal $1.3B.
- Board declared $0.10/share dividend, payable Sept 27, 2024, record Sept 13.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1749723/000174972324000069/0001749723-24-000069-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1749723/000174972324000069/nfe-20240809.htm
  HTML page:      https://secwatch.observer/filing/0001749723-24-000069

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer