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Clean Energy Fuels reports quarterly loss, stock drops, but revenue rises and gets a rating upgrade.
Clean Energy Fuels Corp. (CLNE) reported a quarterly loss of $0.13 per share, missing analysts' estimates by $0.11.
The company's stock price dropped by $0.09 to $2.71 following the release.
Despite the loss, Clean Energy Fuels, which provides natural gas as an alternative fuel for vehicle fleets, saw a revenue increase to $109.33 million.
StockNews.com recently upgraded CLNE's rating from "sell" to "hold."
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Clean Energy Fuels reporta pérdidas trimestrales, caídas de stock, pero los ingresos aumentan y obtienen una mejora de calificación.