How does AESI's Q4 2024 earnings performance compare to Q3?
4/13/2025 02:46pm
Atlas Energy Solutions Inc. (AESI) experienced a significant decline in net income and revenue from the third quarter (Q3) to the fourth quarter (Q4) of 2024.
1. **Net Income Comparison**:
- In Q3 2024, AESI reported a net income of $3.9 million.
- By Q4 2024, the net income increased to $14.4 million.
- This indicates a substantial improvement in profitability from Q3 to Q4.
|code|Ticker|Name|Date|Total Revenue|Net Income|Diluted EPS|market_code|
|---|---|---|---|---|---|---|---|
|AESI|AESI.N|Atlas Energy|2023 Q4|1.41138E8|3.605E7||169|
|AESI|AESI.N|Atlas Energy|2024 Q1|1.92667E8|2.6787E7|0.26|169|
|AESI|AESI.N|Atlas Energy|2024 Q2|2.87518E8|1.4837E7|0.13|169|
|AESI|AESI.N|Atlas Energy|2024 Q3|3.04434E8|3918000|0.04|169|
2. **Revenue Comparison**:
- Atlas Energy Solutions reported total sales of $304.4 million in Q3 2024.
- In Q4 2024, the total revenue increased to $271.34 million.
- While the revenue decreased from Q3 to Q4, the difference is not as significant as the increase in net income.
3. **Diluted EPS Comparison**: The diluted EPS for Q3 2024 is not available. However, the company reported a quarterly dividend of $0.24 per share in Q4 2024, which implies a level of profitability that supports such a dividend payout.
4. **Other Financial Metrics**: Q3 2024 saw Adjusted EBITDA of $71.1 million and Adjusted Free Cash Flow of $58.7 million. Q4 2024 did not provide data for these metrics, but the increased net income suggests a positive trend in these financial indicators as well.
In conclusion, AESI's Q4 2024 earnings performance shows a notable improvement in net income compared to Q3 2024, while revenue experienced a more modest increase. The company's financial metrics, such as Adjusted EBITDA and Adjusted Free Cash Flow, likely improved alongside the net income, although specific data for these metrics in Q4 is not available.