Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Clean Energy Fuels Corp.
So what: Non-GAAP EPS was $0.17, compared to $0.02 in the year-ago quarter and the consensus forecast of $0.06. GAAP EPS was $0.18, compared to -$0.03 a year earlier.
Now what: Revenue grew 97% year over year in the fourth quarter and 60% in 2010, primarily because of higher prices and secondarily on higher volume. No guidance was provided, but the CEO stated, "We expect to see improvements across all aspects of our operations in 2011." The company appears poised to turn profitable, although that likely depends heavily on the price of natural gas.
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