Altus Power reports Q4 EPS (17c), consensus (1c)

Reports Q4 revenue $34.2M, consensus $43.93M. “2023 was another record year for Altus on a number of fronts, with revenue, adjusted EBITDA, customer additions and asset growth all reaching new highs,” said Lars Norell, co-CEO of Altus Power. “As an industry leader in a growing market, we are building a different kind of power company. We are customer-centric and have growing annual recurring revenues which we expect will allow us to deliver our shareholders sustainable and profitable growth over time.”