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Stock impact report

Atlas Energy Solutions Announces First Quarter 2024 Results; Increases Quarterly Dividend

Atlas Energy Solutions Inc. (AESI) 
Company Research Source: Business Wire
AUSTIN, Texas--(BUSINESS WIRE)--Atlas Energy Solutions Inc. (NYSE: AESI) (“Atlas” or the “Company”) today reported financial and operating results for the quarter ended March 31, 2024.First Quarter 2024 HighlightsTotal sales of $192.7 millionNet income of $26.8 million (14% Net Income Margin)Adjusted EBITDA of $75.5 million (39% Adjusted EBITDA Margin) (1)Net cash provided by operating activities of $39.6 millionAdjusted Free Cash Flow of $71.1 million (37% Adjusted Free Cash Flow Margin) (1)Dune Express construction remains on-time and on-budgetDeclares increased quarterly dividend of $0.22 per share ($0.16 per share fixed, $0.06 per share variable), payable May 23, 2024Financial Summary  Three Months Ended   March 31,2024  March 31,2023  December 31,2023   (unaudited, in thousands, exceptpercentages) Sales $192,667  $153,418   Show less Read more
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