- New Fortress Energy press release (NASDAQ:NFE): Q2 Non-GAAP EPS of -$0.41 misses by $0.47.
- Revenue of $428M (-23.7% Y/Y) misses by $81.24M.
- Adjusted EBITDA of $120 million in the second quarter of 2024.
- Funds from Operations per share of $(0.23) on a fully diluted basis in the second quarter of 2024
- FLNG 1 project complete with First Cargo expected in August 2024.
- “For the full calendar year 2024 and 2025, we are forecasting Adjusted EBITDA of $1.4-1.5 billion, inclusive of the expected resolution of our outstanding early termination claims on our FEMA contracts, and $1.3 billion, respectively.”
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