07:43 AM EDT, 08/09/2024 (MT Newswires) -- New Fortress Energy ( NFE ) reported a Q2 adjusted loss Friday of $0.41 per diluted share, swinging from adjusted earnings of $0.58 per diluted share a year earlier.

Four analysts polled by Capital IQ expected earnings of $0.06 per share.

Total revenue for the quarter ended June 30 was $428 million, down from $561.3 million a year earlier.

Four analysts surveyed by Capital IQ expected $509.2 million.

The company's board maintained its dividend at $0.10 per share, payable Sept. 27 to shareholders of record as of Sept. 13.

Shares of New Fortress were down over 5% in recent Friday premarket activity.

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