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Jun 30, 2024
LandBridge Company LLC Q2 2024 Earnings Report
Expected Revenue:$NaN
Expected EPS:$NaN
Key Takeaways
LandBridge Company LLC announced its financial results for the second quarter of 2024, reporting revenues of $26.0 million, a net loss of $57.7 million, and an adjusted EBITDA of $23.4 million. The company closed acquisitions of East Stateline Ranch and Speed Ranch, and completed its initial public offering.
Revenues of $26.0 million, up 20% year-over-year
Net loss of $57.7 million
Adjusted EBITDA of $23.4 million, up 24% year-over-year
Free Cash Flow of $15.7 million
LandBridge Company LLC
LandBridge Company LLC
LandBridge Company LLC Revenue by Segment
Forward Guidance
The company anticipates an exciting second half of the year.