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Sep 30, 2024
Clean Energy Q3 2024 Earnings Report
Clean Energy reported increased revenue and RNG gallons sold, while experiencing a net loss.
Key Takeaways
Clean Energy Fuels Corp. reported a revenue increase to $104.9 million, up from $95.6 million in Q3 2023. RNG gallons sold also increased by 5.1% to 59.6 million gallons. However, the company experienced a net loss attributable to Clean Energy of $(18.2) million, or $(0.08) per share.
Revenue increased to $104.9 million compared to $95.6 million in Q3 2023.
RNG gallons sold increased 5.1% to 59.6 million gallons.
Net loss attributable to Clean Energy was $(18.2) million, or $(0.08) per share.
Adjusted EBITDA was $21.3 million, compared to $14.2 million for Q3 2023.
Revenue by Segment
Forward Guidance
The company provided its 2024 outlook, expecting GAAP net loss to range from approximately $(91) million to $(81) million and Adjusted EBITDA to range from approximately $62 million to $72 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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