Altus Power, Inc (AMPS) Tops Q1 EPS by 12c ; Offers Guidance

Altus Power, Inc (NYSE: AMPS) reported Q1 EPS of $0.05, $0.12 better than the analyst estimate of ($0.07). Revenue for the quarter came in at $40.7 million versus the consensus estimate of $40.6 million.

GUIDANCE:

Altus Power, Inc sees FY2024 revenue of $200-222 million, versus the consensus of $213.6 million.

Adjusted EBITDA* in the range of $115-135 million, representing 36% and 34% growth over 2023 at the midpoints.

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

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