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 ( using data from Zacks Investment Research. Access a Zacks stock report on CLNE at

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


Emerging Growth

GTX Corp

GTX Corp, along with its subsidiaries, is engaged in design, development, manufacturing, distribution and sales of products and services in the GPS and BLE wearable technology personal location and wandering…