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Clean Energy Reports Revenue of $109.3 Million and 62.0 Million RNG Gallons Sold for the Fourth Quarter of 2024

1. Q4 revenue rose slightly from $106.9M to $109.3M, showing marginal growth. 2. Full-year revenue decreased and Q4 net loss of $30.2M signals financial pressure.

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$2.0202/25 10:46 PM EDTLatest Updated
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FAQ

Why Bearish?

Despite a modest Q4 revenue improvement, the annual decline in revenue and persistent net losses suggest ongoing financial challenges. Historically, similar earnings reports with declining full-year revenue have led to negative market reactions, as seen in prior cycles for energy stocks.

How important is it?

Earnings announcements directly impact stock prices, and the mixed performance raises concerns among investors, making this report significant for CLNE.

Why Short Term?

Earnings announcements typically trigger immediate market responses. Short-term price volatility has been observed in similar cases where quarterly results deviate from investor expectations.

Related Companies

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Clean Energy Fuels Corp. (NASDAQ: CLNE) (“Clean Energy” or the “Company”) today announced its operating results for the fourth quarter of 2024 and year ended December 31, 2024. Financial Highlights Revenue of $109.3 million in Q4 2024 compared to $106.9 million in Q4 2023. Revenue of $415.9 million for the year 2024, compared to $425.2 million for 2023. Net loss attributable to Clean Energy for Q4 2024 was $(30.2) million, or $(0.13) per share, on a GAAP.

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