Reports Q2 revenue $46.51M, consensus $44.36M. “The second quarter was the best in company history in terms of revenue and adjusted EBITDA and thanks to our increasing construction output and our continued success in acquiring assets, we are now the largest owner of commercial solar arrays in the country,” said Lars Norell, Co-CEO of Altus Power. “These important milestones, combined with our use of Community Solar initiatives to maximize our asset sizes, enhance our customer reach as we continue our profitable growth in this expanding market.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on AMPS:
- AMPS Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Morgan Stanley Sees at Least 50% Gains in These 2 Stocks — Here’s Why They Could Soar
- Altus Power assumed with a Buy at Citi
- Altus Power announces acquisition of 4.4 MW portfolio in Southern California
- Altus Power price target raised to $10 from $9 at JPMorgan