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Clean Energy Fuels reports 4Q loss

NEWPORT BEACH, Calif. (AP) _ Clean Energy Fuels Corp. (CLNE) on Tuesday reported a loss of $3.9 million in its fourth quarter.

On a per-share basis, the Newport Beach, California-based company said it had a loss of 3 cents. Losses, adjusted for stock option expense and non-recurring costs, were 2 cents per share.

The provider of natural gas as an alternative fuel for vehicle fleets posted revenue of $101.8 million in the period, exceeding Street forecasts. Three analysts surveyed by Zacks expected $96.5 million.

For the year, the company reported that its loss narrowed to $12.2 million, or 10 cents per share. Revenue was reported as $402.7 million.

In the final minutes of trading on Tuesday, the company's shares hit $2.56. A year ago, they were trading at $3.16.


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


Keywords: Clean Energy Fuels, Earnings Report