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Jun 30, 2020

FTAI Aviation Q2 2020 Earnings Report

Reported financial results for the second quarter 2020.

Key Takeaways

Fortress Transportation and Infrastructure Investors LLC reported a net loss attributable to shareholders of $15.695 million and an adjusted EBITDA of $66.472 million for the second quarter of 2020. The company declared a dividend of $0.33 per common share.

Net loss attributable to shareholders was $(15.695) million.

Basic and diluted loss per common share was $(0.18).

Adjusted EBITDA was $66.472 million.

A dividend of $0.33 per common share was declared.

Total Revenue
$94.3M
Previous year: $159M
-40.7%
EPS
-$0.18
Previous year: $0.24
-175.0%
Adjusted EBITDA
$66.5M
Dividend per share
$0.33
Cash and Equivalents
$50.9M
Previous year: $116M
-56.0%
Total Assets
$3.29B
Previous year: $3.09B
+6.4%

FTAI Aviation

FTAI Aviation

FTAI Aviation Revenue by Segment

Forward Guidance

No forward guidance was provided in the transcript.