secwatch.observer — SEC 8-K summary
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Issuer:     FTAI Infrastructure Inc. (FIP)
CIK:        0001899883
Form:       8-K
Filed at:   2024-08-02T23:59:59+00:00
Accession:  0001899883-24-000027
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FTAI Infrastructure Q2 net loss $54.4M; declares $0.03 dividend; core segments EBITDA up 12% QoQ
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- Net loss attributable to stockholders of $54.4M, or $0.52 per diluted share.
- Adjusted EBITDA from four core segments was $41.8M, up 12% from Q1 2024.
- Board declared $0.03 per share cash dividend, payable August 20 to holders of record August 12.
- Transtar revenue $45.6M with record average rates per car; Jefferson Terminal record throughput and revenue.
- Long Ridge maintenance outage impacted Q2; power capacity auction results to add EBITDA in mid-2025 to mid-2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1899883/000189988324000027/0001899883-24-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1899883/000189988324000027/ftai-20240802.htm
  HTML page:      https://secwatch.observer/filing/0001899883-24-000027

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