Altus Power, Inc (AMPS) Tops Q2 EPS by 2c, beats revenue, offers guidance

Altus Power, Inc (NYSE: AMPS) reported Q2 EPS of $0.04, $0.02 better than the analyst estimate of $0.02. Revenue for the quarter came in at $46.5 million versus the consensus estimate of $44.33 million.

2023 Guidance

Altus Power reaffirmed 2023 adjusted EBITDA* in the range of $97-103 million, representing 70% growth over 2022 at the midpoint. The Company also continues to expect 2023 adjusted EBITDA margin* to be in the mid-to-high fifty percent range.

For earnings history and earnings-related data on Altus Power, Inc (AMPS) click here.

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