Markets.News
New York-based New Fortress Energy Inc. (Nasdaq: NFE) released its financial figures for the second quarter of 2025. The company reported an Adjusted EBITDA of $(4) million, with a net loss of $557 million during the same period. They also noted substantial non-cash impairments amounting to $699 million, as well as a gain of $473 million from the sale of their Jamaican operations. The Earnings Per Share (EPS) stood at $(2.02) on a fully diluted basis for the second quarter of 2025. Additionally, the company disclosed a total cash balance.