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Stock impact report

Clean Energy Fuels Corp (CLNE) Reports Mixed Q4 Results Amidst Rising RNG Sales [Yahoo! Finance]

Clean Energy Fuels Corp. (CLNE) 
Last clean energy fuels corp. earnings: 11/12 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.cleanenergyfuels.com
Company Research Source: Yahoo! Finance
Net Loss: The company reported a net loss of $18.7 million in Q4, influenced by higher Amazon warrant charges and unrealized gains on derivative instruments. Adjusted EBITDA: Adjusted EBITDA for Q4 increased to $21.2 million, up from $12.2 million in the same quarter of the previous year. RNG Sales: RNG gallons sold in Q4 amounted to 57.0 million, marking a growth from 54.4 million in Q4 2022. 2024 Outlook: GAAP net loss for 2024 is projected to be between $(111) million to $(101) million, with Adjusted EBITDA estimated between $62 million to $72 million. Warning! GuruFocus has detected 2 Warning Signs with CLNE. On February 27, 2024, Clean Energy Fuels Corp ( NASDAQ:CLNE ) released its 8-K filing , disclosing its financial results for the fourth quarter of 2023. The company, a leading natural gas marketer and retailer in North America, reported a revenue of $106.9 million for the quarter. This figure was impacted by non-cash stock-based sales incentive contra-revenue charg Show less Read more
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