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NEWPORT BEACH, Calif. (AP) _ Clean Energy Fuels Corp. (CLNE) on Thursday reported fourth-quarter net income of $1.3 million, after reporting a loss in the same period a year earlier.
The Newport Beach, California-based company said it had net income of 1 cent per share. Earnings, adjusted for asset impairment costs and stock option expense, came to 11 cents per share.
The results beat Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for a loss of 4 cents per share.
The provider of natural gas as an alternative fuel for vehicle fleets posted revenue of $132.1 million in the period.
For the year, the company reported that its loss widened to $89.7 million, or 96 cents per share. Revenue was reported as $428.9 million.
Clean Energy Fuels shares have climbed almost 1 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $5.04, a fall of 48 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CLNE at http://www.zacks.com/ap/CLNE
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Keywords: Clean Energy Fuels, Earnings Report
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Clean Energy Fuels
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CODE : CLNE |
ISIN : US1844991018 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Clean Energy is based in United states of america. Clean Energy is listed in Germany and in United States of America. Its market capitalisation is US$ 457.8 millions as of today (€ 410.1 millions). Its stock quote reached its highest recent level on September 05, 2014 at US$ 9.99, and its lowest recent point on March 13, 2020 at US$ 1.05. Clean Energy has 151 085 558 shares outstanding. |