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New Fortress Energy, Inc. (NASDAQ:NASDAQ:NFE) Q1 2022 Earnings Conference Call May 05, 2022 8:00 AM ET Company Participants Brett Magill - Management Director & Head of IR Wesley Edens...
Quarterly revenue of $145.7 million, remaining stable from Q4 2020 Net loss was $39.5 million, as compared to the Q4 2020 net loss of $0.5 million, which was primarily a result of higher LNG cost in Q1 2021 vs. Q4 2020 as well as costs associated with Hygo and GMLP acquisitions Operating Margin* (4) decreased by $28.1 million in Q1 2021 vs Q4 2020, which is line with our expectations due to higher LNG cost Average daily volumes sold in Q1 2021 were approximately 1.4 million GPD *Operating Margin is a non-GAAP financial measure. For definitions and reconciliations of non-GAAP results please re...