Clean Energy Fuels reports 4Q loss

Associated Press |

NEWPORT BEACH, Calif. (AP) _ Clean Energy Fuels Corp. (CLNE) on Tuesday reported a loss of $28.3 million in its fourth quarter.

On a per-share basis, the Newport Beach, California-based company said it had a loss of 19 cents. Losses, adjusted for stock option expense, were 18 cents per share.

The provider of natural gas as an alternative fuel for vehicle fleets posted revenue of $89.3 million in the period.

For the year, the company reported that its loss widened to $79.2 million, or 53 cents per share. Revenue was reported as $341.6 million.

In the final minutes of trading on Tuesday, the company's shares hit $1.49. A year ago, they were trading at $2.59.

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

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