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Fortress Transportation: Q1 Earnings Snapshot

April 28, 2022 GMT

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.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FTAI at https://www.zacks.com/ap/FTAI