Advertisement
Altus Power Swings To Profit In Q2; Reaffirms FY22 Outlook
(RTTNews) - Altus Power, Inc. (AMPS) announced Monday second-quarter net income attributable to Altus of $24.12 million or $0.16 per share, compared to a net loss of $1.19 million or $0.01 per share in the prior-year quarter.
Operating revenues for the quarter increased 41 percent to $24.76 million from $17.61 million in the same quarter last year.
On average, analysts polled by Thomson Reuters expected the company to report earnings of $0.00 per share and revenues of $23.78 million for the second quarter. Analysts' estimates typically exclude special items.
The company also reaffirmed its full year 2022 adjusted EBITDA guidance in the range of $57 million to $63 million.
read more
Bay Street Likely To Open On Mixed Note; Powell's Speech Eyed
Canadian shares are likely to open on a somewhat mixed note Friday morning with investors awaiting Fed Chair Jerome Powell's speech at Jackson Hole. Lower commodity prices may weigh a bit early on in the session.
RTTNews
|
1j 53min yang lalu
Sensex, Nifty Snap Six-day Winning Streak On Tariff Concerns
Indian shares fell sharply on Friday after a Trump administration official called India the 'Maharaja' of tariffs and ramped up his criticism over the trade ahead of an expected tariff increase on August 27.
RTTNews
|
3j 39min yang lalu
FTSE 100 Down Slightly; Standard Chartered Shares Up Sharply
U.K. stocks are turning in a mixed performance in cautious trade on Friday, amid a lack of fresh triggers. Investors are awaiting Fed Chair Jerome Powell's speech later in the day at the Jackson Hole Symposium, for clues about U.S. central bank's interest rate move next month.
RTTNews
|
3j 45min yang lalu
U.S. Dollar Rises Ahead Of Fed's Powell Speech
The U.S. dollar strengthened against other major currencies in the European session on Friday, as traders expect speech by Fed Chair Jerome Powell at the Jackson Hole Symposium.
RTTNews
|
3j 49min yang lalu
CAC 40 Up Slightly In Lackluster Trade
French stocks are mostly subdued on Friday with investors refraining from making significant moves, choosing to wait for key speeches from central bank chiefs at the Jackson Hole Symposium. The focus is on Fed Chair Jerome Powell's speech for clues about interest rate cuts in September.
RTTNews
|
4j 6min yang lalu
U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the European session on Friday.
RTTNews
|
4j 18min yang lalu
DAX Up Marginally In Cautious Trade Ahead Of Powell's Speech At Jackson Hole
German stocks are up in positive territory on Friday, amid selective buying ahead of Federal Reserve Chair Jerome Powell's speech at Jackson Hole Symposium later in the day.
RTTNews
|
4j 24min yang lalu
European Shares Inch Higher In Cautious Trade
European stocks were flat to slightly higher on Friday ahead of Federal Reserve Chair Jerome Powell's highly anticipated Jackson Hole speech.
RTTNews
|
4j 52min yang lalu
