Montauk Renewables: Fourth Quarter Earnings Overview

Montauk Renewables Announces Fourth Quarter Earnings

Montauk Renewables Inc., headquartered in Pittsburgh, revealed a net profit of $1 million for the fourth quarter, according to a report released Wednesday.

The company’s earnings translated to 2 cents per share during this period.

Revenue for the quarter reached $43.4 million, highlighting the renewable energy firm's financial performance.

Looking at the full year, Montauk Renewables achieved a total net income of $1.7 million, or 1 cent per share, with annual revenue amounting to $176.4 million.

This article was produced by Automated Insights using information provided by Zacks Investment Research.