earnings
confidence high
sentiment negative
materiality 0.75
NFE Q1 net loss $197M, operating cash flow -$32M; late filing persists
New Fortress Energy Inc.
- Net loss of $197.4M in Q1 2025 vs net income $56.7M in Q1 2024; operating cash flow -$31.7M.
- Borrowed $901.7M and repaid $664.1M in debt; capital expenditures $340.5M.
- Dividends cut to $3.5M from $32.3M year-over-year.
- Company expects to file delinquent Form 10-Q by June 27, 2025.
item 2.02item 9.01