secwatch.observer — SEC 8-K summary
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Issuer:     FTAI Infrastructure Inc. (FIP)
CIK:        0001899883
Form:       8-K
Filed at:   2024-05-07T23:59:59+00:00
Accession:  0001899883-24-000019
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FTAI Infrastructure Q1 net loss $56.6M, EPS -$0.54; declares $0.03 dividend
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- Net loss attributable to stockholders $56.6M; basic and diluted loss per share $0.54.
- Adjusted EBITDA $27.2M; four core segments adj. EBITDA $37.2M.
- Transtar revenue of $46.3M sets new quarterly record; momentum continues into Q2.
- Long Ridge operated at 98% capacity factor; seeing rising demand from AI data centers.
- Board declared $0.03/share cash dividend payable May 29 to holders of record May 17.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1899883/000189988324000019/0001899883-24-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1899883/000189988324000019/ftai-20240507.htm
  HTML page:      https://secwatch.observer/filing/0001899883-24-000019

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