logo
Share SHARE
FONT-SIZE Plus   Neg

Clean Energy Fuels Q1 Loss Narrows

Clean Energy Fuels Corp. (CLNE) reported first-quarter net loss attributable to the company of $9.8 million or $0.14 per share, narrower than $31.9 million or $0.37 per share last year.

Adjusted loss for the quarter narrowed to $3.4 million or $0.05 per share from $14.1 million or $0.16 per share in the comparable quarter last year. On average, nine analysts polled by Thomson Reuters expected the company to report a loss of $0.17 per share. Analysts' estimates typically exclude special items.

Total revenues for the quarter were $65.34 million, compared with $73.63 million last year, while eight analysts expected revenues of $81.66 million for the quarter.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
United Parcel Service, Inc. has started to test the use of drones to make commercial deliveries of packages to remote or difficult-to-access locations. On Thursday, the package delivery giant and drone-maker CyPhy Works staged a mock delivery of urgently needed medicine from Beverly, Massachusetts to Children's Island, which is about three miles off the Atlantic coast. Luxury electric car maker Tesla Motors Inc. (TSLA), Thursday filed a lawsuit against state officials over its right to sell vehicles directly to consumers in Michigan. The lawsuit has been filed against Governor Rick Snyder, Secretary of State Ruth Johnson and Attorney General Bill Schuette as defendants. Tesla... e.l.f. Beauty (ELF), a maker of cosmetic products, priced its initial public offering above its target range and raised about $141 million. The Oakland-based company opened sharply up on Thursday's trading on the New York Stock Exchange. The company said it sold about 8.3 million shares at $17 in...
comments powered by Disqus
Follow RTT