| Clean Energy Fuels reports 3Q loss | |
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NEWPORT BEACH, Calif. (AP) _ Clean Energy Fuels Corp. (CLNE) on Thursday reported a loss of $23.1 million in its third quarter.
On a per-share basis, the Newport Beach, California-based company said it had a loss of 25 cents. Losses, adjusted for one-time gains and costs, were 23 cents per share.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 27 cents per share.
The provider of natural gas as an alternative fuel for vehicle fleets posted revenue of $92.3 million in the period.
Clean Energy Fuels shares have increased 12 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $5.58, a decrease of 17 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CLNE at http://www.zacks.com/ap/CLNE
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Keywords: Clean Energy Fuels, Earnings Report
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Clean Energy Fuels
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CODE : CLNE |
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ISIN : US1844991018 |
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Clean Energy is based in United states of america. Clean Energy is listed in Germany and in United States of America. Its market capitalisation is US$ 349.0 millions as of today (€ 305.7 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. |