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Stock impact report

Altus Power Inc (AMPS) Q3 2024 Earnings Call Highlights: Strong Revenue Growth and Strategic ... [Yahoo! Finance]

Altus Power, Inc. Class A (AMPS) 
Company Research Source: Yahoo! Finance
Adjusted EBITDA: $37 million, a 27% increase from $29.1 million in Q3 2023. Cash Balance: $111 million at the end of Q3, up from $92 million at the end of Q2. Annual Recurring Revenue (ARR): Not explicitly stated, but used as a measure for expected annual revenue potential. Electricity Generation: 333 million kilowatt hours of clean electricity generated in Q3 2024. 2024 Revenue Guidance: Reaffirmed at $196 million to $201 million. 2024 Adjusted EBITDA Guidance: Reaffirmed at $111 million to $115 million. Warning! GuruFocus has detected 6 Warning Signs with AMPS. Release Date: November 12, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Altus Power Inc ( NYSE:AMPS ) achieved a significant milestone by surpassing one gigawatt of operating assets, enhancing its market leadership in commercial scale solar. The company reported a 30% increase in revenue for Q3 2024 compared to the same period in 2023, driven by Show less Read more
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