Enlight Renewable Energy Reports First Quarter 2024 Financial Results
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Enlight Renewable Energy Ltd. (ENLT)
Company Research
Source: GlobeNewswire
All of the amounts disclosed in this press release are in U.S. dollars unless otherwise noted TEL AVIV, Israel, May 08, 2024 (GLOBE NEWSWIRE) -- Enlight Renewable Energy Ltd. (NASDAQ: ENLT, TASE: ENLT) today reported financial results for the first quarter March 31, 2024. The Company’s earnings webcast will be held today at 8:00 AM ET. A link to this webcast can be found at the end of this earnings release. The entire suite of the Company’s 1Q24 financial results can be found on our IR website at https://enlightenergy.co.il/data/financial-reports/ Financial Highlights 3 months ending March 31, 2024 Revenue of $90m, up 27% year over yearAdjusted EBITDA1 of $68m, up 28% year over yearNet income of $24m, down 26% year over yearCash flow from operations of $35m, down 36% year over yearReaffirming full year 2024 guidance First Quarter Business Developments High generation volumes at our wind projects more than offset the impact from low merchant prices in Spain.Our U.S. projects are
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ENLT
News
- Enlight Announces Participation at Upcoming JP Morgan and Roth MKM Investor ConferencesGlobeNewswire
- Enlight Renewable Energy Ltd (NASDAQ: ENLT) had its "buy" rating re-affirmed by analysts at Roth Mkm. They now have a $20.00 price target on the stock, up previously from $19.00.MarketBeat
- Enlight Renewable Energy Reports First Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- Enlight to Report First Quarter 2024 Financial Results on Wednesday, May 8, 2024GlobeNewswire
- Enlight Renewable Energy Ltd (NASDAQ: ENLT) had its price target lowered by analysts at Barclays PLC from $21.00 to $20.00. They now have an "overweight" rating on the stock.MarketBeat
ENLT
Earnings
- 5/8/24 - Beat
ENLT
Sec Filings
- 5/8/24 - Form 6-K
- 4/18/24 - Form 6-K
- 4/8/24 - Form 6-K
- ENLT's page on the SEC website