earnings
confidence high
sentiment negative
materiality 0.75
FTAI Infrastructure Q4 2024: net loss $137M ($1.24/sh); FY net loss $298M; div $0.03
FTAI Infrastructure Inc.
2024-FY EPS reported
-$2.72
revenue$331,497,000
- Net loss $137M in Q4, diluted EPS loss $1.24; FY net loss $298M, diluted EPS loss $2.75.
- Adjusted EBITDA $29M in Q4, $128M for full year; four-core-segments Adj. EBITDA $40M and $161M.
- Board declared $0.03/share dividend payable March 26, 2025 to record holders March 14, 2025.
- Closed debt refinancing and purchase of 49.9% stake in Long Ridge; expects ~$160M annual Adj. EBITDA from Long Ridge.
- Signed second contract at Repauno for NGL exports; contracted for ~$50M annual Adj. EBITDA.