Altus Power(AMPS) - 2024 Q1 - Quarterly Results
Altus Power(AMPS)2024-05-09 20:11
Altus Power, Inc. Announces First Quarter 2024 Financial Results First Quarter Financial Highlights • First quarter 2024 revenues of $40.7 million, a 38% increase as compared to first quarter 2023 • GAAP net income of $4.1 million for first quarter 2024, an increase as compared to $3.8 million for first quarter 2023 • Adjusted EBITDA* of $19.7 million for first quarter 2024, or a 23% increase as compared with first quarter 2023 Recent Business Highlights • Added ~4,000 Community Solar customers, bringing to ...