05:09 PM EDT, 10/28/2024 (MT Newswires) -- Atlas Energy Solutions ( AESI ) reported Q3 net income late Monday of $0.04 per diluted share, down from $0.51 a year earlier.

Analysts polled by Capital IQ expected $0.23.

Sales for the quarter ended Sept. 30 rose to $304.4 million from $157.6 million a year earlier.

Analysts surveyed by Capital IQ expected $307.4 million.

The company increased its quarterly dividend to $0.24 per share from $0.23, payable Nov. 14 to shareholders of record at the close of business Nov. 7.

Additionally, the company said its board approved up to $200 million share repurchase program through Dec. 31, 2026.

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