Clean Energy Fuels: 2Q Earnings Snapshot
NEWPORT BEACH, Calif. (AP) _ Clean Energy Fuels Corp. (CLNE) on Tuesday reported a loss of $12 million in its second quarter.
On a per-share basis, the Newport Beach, California-based company said it had a loss of 7 cents. Losses, adjusted for stock option expense and non-recurring costs, were 6 cents per share.
The provider of natural gas as an alternative fuel for vehicle fleets posted revenue of $70.5 million in the period.
In the final minutes of trading on Tuesday, the company’s shares hit $2.75. A year ago, they were trading at $2.40.