JOC Staff | Nov 07, 2012 8:36AM EST
Natural gas provider Clean Energy Fuels recently reported a net loss of $16.3 million in the third quarter, compared with a net loss of $11.4 million in the third quarter of 2011.
The company also posted a net loss of $59.5 million in the first nine months of 2012, down from last year’s net loss of $26.7 million during the same period.
Quarterly revenue was $91.5 million, up 26.9 percent year-over-year from $72.1 million. Revenue from January to September was $234.9 million, up 13.8 percent from $206.5 million in the first nine moths of 2011.
Gallons delivered in the third quarter totaled 50.9 million, up 24.4 percent from 40.9 million gallons delivered during last year’s third quarter.
