NFE Q2 2024 Earnings — New Fortress Energy Inc. Revenue & Financial Results | Market Cap Arena

NFENew Fortress Energy Inc.

$307M

Q2 2024 Earnings

Utilities Regulated Gas

Income Statement

Revenue

$428M-23.8% YoY

Gross Profit

$160M37.4% margin

Operating Income

$44M10.4% margin

Net Income

-$89M-20.8% margin

EPS (Diluted)

$-0.44

QoQ Revenue Growth

-38.0%

Cash Flow

Operating Cash Flow

$93M

Free Cash Flow

-$570M

Stock-Based Comp.

$20M

Balance Sheet

Total Assets

$11.4B

Total Liabilities

$9.7B

Stockholders' Equity

$1.6B

Cash & Equivalents

$133M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$428M	$561M	-23.8%
Gross Profit	$160M	$290M	-44.8%
Operating Income	$44M	$191M	-76.8%
Net Income	-$89M	$119M	-174.5%

Revenue Segments

Interest Income and Other Revenue

$5M100%