Fortress Transportation: Q1 Earnings Snapshot
NEW YORK (AP) _ Fortress Transportation and Infrastructure Investors LLC (FTAI) on Thursday reported a loss of $229.7 million in its first quarter.
The New York-based company said it had a loss of $2.30 per share. Losses, adjusted for asset impairment costs and costs related to mergers and acquisitions, were $1.28 per share.
The transportation infrastructure company posted revenue of $137.8 million in the period.