Montauk Renewables' FY 2023 Earnings Fall Short of Expectations

Thursday, 14 March 2024, 20:37

Montauk Renewables disappointed investors with a GAAP EPS of $0.11, missing by $0.04, and revenue of $174.9M, missing by $10.07M for the fiscal year 2023. The company's financial performance was below market forecasts and raises concerns about its growth prospects moving forward. Shareholders are closely monitoring the situation and awaiting strategic updates from Montauk Renewables.

LivaRava Finance Meta Image — Montauk Renewables' FY 2023 Earnings Fall Short of Expectations

Montauk Renewables reported lower-than-expected earnings and revenue for FY 2023.

The company's GAAP EPS of $0.11 missed by $0.04, while the revenue of $174.9M missed by $10.07M.

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Montauk Renewables reported lower-than-expected earnings and revenue for FY 2023.

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