Montauk Renewables GAAP EPS of $0.13 beats by $0.02, revenue of $67.9M beats by $17.2M

Aug. 09, 2022 4:43 PM ETMontauk Renewables, Inc. (MNTK)By: Dania Nadeem, SA News Editor
  • Montauk Renewables press release (NASDAQ:MNTK): Q2 GAAP EPS of $0.13 beats by $0.02.
  • Revenue of $67.9M (+114.2% Y/Y) beats by $17.2M.
  • Updated 2022 Full Year Outlook:
  • RNG revenues expected to range between $200.0 and $220.0 million
  • RNG production volumes expected to range between 5.6 and 6.3 million MMBtu
  • Renewable Electricity revenues expected to range between $17.0 and $18.8 million
  • Renewable Electricity production volumes expected to range between 188 and 208 thousand MWh

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