Clean Energy Fuels Corp. reported a decrease in revenue and gallons delivered for the third quarter of 2020 compared to the third quarter of 2019. The company delivered 97.7 million gallons, a 5% decrease, and revenue was $70.9 million, a 4.8% decrease. Net loss attributable to Clean Energy was $(2.3) million, or $(0.01) per share.
Delivered 97.7 million gallons in the third quarter of 2020, a 5% decrease from 102.7 million in the third quarter of 2019.
Revenue for the third quarter of 2020 was $70.9 million, a decrease of 4.8% compared to $74.4 million for the third quarter of 2019.
Net loss attributable to Clean Energy for the third quarter of 2020 was $(2.3) million, or $(0.01) per share, compared to $(4.3) million, or $(0.02) per share, for the third quarter of 2019.
Non-GAAP loss per share for the third quarter of 2020 was $(0.01) and Adjusted EBITDA was $11.0 million.
The Company continues to hold a view of achieving a GAAP net loss of approximately $11.0 million for 2020 and Adjusted EBITDA for 2020 is still expected to be approximately $45.0 million.
Visualization of income flow from segment revenue to net income
Analyze how earnings announcements historically affect stock price performance