New Fortress Energy delayed its 10-Q filing and is seeking an extension, citing “ongoing negotiations related to additional credit support that is required to be delivered under one of our debt instruments.”
- Still completing its financial statement close process for the quarterly report
- 2Q revenue from terminal operations significantly decreased compared with a year ago, largely related to a discontinued Puerto Rico power project, reduced Jamaica revenues and lower cargo sales
- 2Q operating expenses significantly increased from a year ago due to goodwill and asset impairments’
- NOTE:
Billionaire Edens Scores a Welcome Reprieve, Thanks to Trump
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