FTAI Infrastructure (US:FIP) Globenewswire·2025-10-30 20:15Core Insights - FTAI Infrastructure Inc. reported a net loss attributable to stockholders of $118.352 million for Q3 2025, with a basic and diluted loss per share of $1.38 [2][10][14] - Adjusted EBITDA for the company was $70.931 million, reflecting a 54% increase from the previous quarter [2][10][21] - The company declared a cash dividend of $0.03 per share for the quarter ended September 30, 2025, payable on November 28, 2025 [4] Financial Overview - Total revenues for Q3 2025 were $140.556 million, compared to $83.311 million in Q3 2024 [13] - Operating expenses for Q3 2025 were $74.985 million, up from $62.766 million in Q3 2024 [13] - The company incurred total expenses of $120.003 million in Q3 2025, compared to $90.580 million in Q3 2024 [13] Key Performance Measures - The company’s Adjusted EBITDA for the four core segments was $76.554 million [10][21] - The net loss attributable to stockholders before preferred stock dividends and loss on extinguishment of preferred stock was $118.352 million for Q3 2025, compared to $49.971 million in Q3 2024 [23] - The company’s cash and cash equivalents at the end of Q3 2025 were $34.722 million, an increase from $27.785 million at the end of 2024 [17] Strategic Developments - The acquisition of the Wheeling & Lake Erie Railway was completed on August 25, 2025 [10] - Gas production in West Virginia commenced in August 2025, leading to excess gas sales at Long Ridge [10] - The company is evaluating strategic alternatives for Long Ridge, including a potential sale [10]