FTAI Infrastructure is trading 5.8% down now at $3.82 after second-quarter results showed revenue below expectations and a substantially wider-than-expected loss.

  • Revenue was $186.8 million, while the loss was $1.41 per share, partly reflecting a $63.2 million impairment charge.
  • Adjusted EBITDA rose to $76.1 million, and management raised 2026 Adjusted EBITDA guidance to $185 million–$205 million.
  • The after-hours decline appears primarily tied to earnings quality concerns despite improved guidance.