LandBridge Company LLC(LB) - 2024 Q2 - Quarterly Results
LandBridge Company LLC(LB)2024-08-08 04:38
Exhibit 99.1 https://files.reportify.cc LandBridge Company LLC Announces Second Quarter Results Delivers revenue growth of 20% year-over-year HOUSTON--(BUSINESS WIRE)—LandBridge Company LLC (NYSE: LB) (the "Company," "LandBridge" or "LB") today announced its financial and operating results for the second quarter of 2024. Second Quarter 2024 Financial Highlights • Revenues of $26.0 million, up 20% year-over-year • Net loss of $57.7 million (1) • Net loss margin of 222%(1) • Adjusted EBITDA (2) of $23.4 milli ...