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Stock impact report

FTAI Reports First Quarter 2020 Results, Dividend of $0.33 per Common Share

FTAI Aviation Ltd. (FTAI) 
Last ftai aviation ltd. earnings: 4/30 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ftandi.com
Company Research Source: GlobeNewswire
NEW YORK, April 30, 2020 (GLOBE NEWSWIRE) -- Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI) (the “Company” or “FTAI”) today reported financial results for the first quarter 2020. The Company’s consolidated comparative financial statements and key performance measures are attached as an exhibit to this press release. Financial Overview (in thousands, except per share data)  Selected Financial ResultsQ1’20  Net Cash Used in Operating Activities$(11,806)  Net Loss Attributable to Shareholders$(2,863)  Basic and Diluted Loss per Common Share$(0.03)      Funds Available for Distribution (“FAD”) (1)$96,037   Adjusted EBITDA(1)$71,995    _______________________________(1)  For definitions and reconciliations of non-GAAP measures, please refer to the exhibit to this press release. For the first quarter of 2020, total FAD was $96.0 million. This amount includes $121.3 million from our aviation leasing portfolio, and $1.7 million from our infrastructure business, Show less Read more
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