NFE Q1 2024 Earnings — New Fortress Energy Inc. Revenue & Financial Results | Market Cap Arena

NFENew Fortress Energy Inc.

$307M

Q1 2024 Earnings

Utilities Regulated Gas

Income Statement

Revenue

$690M+19.2% YoY

Gross Profit

$384M55.7% margin

Operating Income

$185M26.7% margin

Net Income

$54M7.8% margin

EPS (Diluted)

$0.26

QoQ Revenue Growth

-9.0%

Cash Flow

Operating Cash Flow

$70M

Free Cash Flow

-$613M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$10.9B

Total Liabilities

$9.1B

Stockholders' Equity

$1.7B

Cash & Equivalents

$143M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$690M	$579M	+19.2%
Gross Profit	$384M	$354M	+8.5%
Operating Income	$185M	$267M	-31.0%
Net Income	$54M	$150M	-64.0%

Revenue Segments

Interest Income and Other Revenue

$5M100%