New Fortress Energy posts quarterly loss as all segments show weak performance
ReutersMay 14, 2025 8:09 PM
May 14 (Reuters) - U.S. LNG firm New Fortress Energy NFE.O posted a loss in the first quarter on Wednesday, hurt by weak performance across all its segments of ships, terminals and infrastructure.
The New York-based company reported a net loss of $197.4 million, or 73 cents per share in the quarter ended March 31, compared with a net income of $56.7 million, or 26 cents per share, a year earlier.
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