New Fortress Energy: Q4 Earnings Snapshot

·1 min read

NEW YORK (AP) _ New Fortress Energy Inc. (NFE) on Monday reported fourth-quarter net income of $170,000, after reporting a loss in the same period a year earlier.

On a per-share basis, the New York-based company said it had profit of less than 1 cent.

The company posted revenue of $145.7 million in the period.

For the year, the company reported that its loss widened to $182.1 million, or $1.71 per share. Revenue was reported as $451.7 million.

New Fortress Energy shares have fallen 21% since the beginning of the year. The stock has nearly quadrupled 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 NFE at https://www.zacks.com/ap/NFE

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