secwatch.observer — SEC 8-K summary
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Issuer:     FTAI Infrastructure Inc. (FIP)
CIK:        0001899883
Form:       8-K
Filed at:   2024-02-29T23:59:59+00:00
Accession:  0001899883-24-000005
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1899883/000189988324000005/0001899883-24-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1899883/000189988324000005/ftai-20240229.htm
  HTML page:      https://secwatch.observer/filing/0001899883-24-000005

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