FTAI Infrastructure reports Q4 net loss of $48.2M; core segment Adj. EBITDA record of $42.4M

FTAI Infrastructure Inc.

2023-FY EPS reported -$1.79 revenue$320,472,000

Net loss attributable to stockholders $48.2M in Q4, $183.7M for FY 2023; diluted EPS loss $0.47 and $1.79.
Consolidated Adj. EBITDA record of $33.3M in Q4; four core segments Adj. EBITDA record of $42.4M.
Transtar posted record Adj. EBITDA of $23.6M in Q4; Jefferson Terminal record $14.3M with 185k bpd throughput.
Board declares $0.03 per share common dividend, payable April 5, 2024 to holders of record March 27, 2024.
Year-over-year net loss widened from $67.9M in FY 2022 to $183.7M in FY 2023.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

FTAI Infrastructure Inc. reported financial results for the fourth quarter and full year 2023.

Period: the fourth quarter and full year 2023
Result: reported results

Exact text from the filing

On February 29, 2024 , FTAI Infrastructure Inc. (“FIP” or the “Company”) issued a press release announcing the Company’s results for its fiscal quarter and year ended December 31, 2023.

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FTAI Infrastructure Inc. filing history →

Source: SEC EDGAR

accession 0001899883-24-000005

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