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Clean Energy Fuels: 1Q Earnings Snapshot

May 7, 2020 GMT

NEWPORT BEACH, Calif. (AP) _ Clean Energy Fuels Corp. (CLNE) on Thursday reported first-quarter net income of $1.7 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. Losses, adjusted for non-recurring gains, were 1 cent per share.

The provider of natural gas as an alternative fuel for vehicle fleets posted revenue of $86 million in the period.

In the final minutes of trading on Thursday, the company’s shares hit $2.08. A year ago, they were trading at $3.18.



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 https://www.zacks.com/ap/CLNE