FTAI Infrastructure reports Q3 2024 net loss of $49.97M, declares $0.03 dividend

FTAI Infrastructure Inc.

2024-Q3 EPS reported -$1.51 revenue$250,733,000

Net loss attributable to stockholders of $49.97M, or $0.45 per basic and diluted share.
Adjusted EBITDA of $36.93M; core segments (ex-Sustainability & Energy Transition and Corporate) contributed $42.54M.
Board declared Q3 dividend of $0.03 per share, payable Nov 19, 2024 to holders of record Nov 12, 2024.
Long Ridge power plant operated at 99% capacity factor; new pricing for 2025-26 expected to add $16M incremental annual Adj. EBITDA.
Repauno signed long-term contract and LOI; phase 2 transloading construction commenced; Jefferson projects on schedule for 2025 contracts.

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