🟢 Montauk Renewables is trading 8% up today after second-quarter revenue and adjusted EBITDA surged

Montauk Renewables is trading 8.43% up now at $3,100 as investors react to its August 5 second-quarter results.

• Revenue increased 19.7% year over year to $54.0 million, while adjusted EBITDA rose 144.5% to $12.3 million.
• The company returned to profitability and reaffirmed full-year guidance.
• Management highlighted the Turkey, North Carolina facility’s continued ramp-up; no separate August 13 announcement was identified.