Altus Power, Inc. Announces First Quarter 2024 Financial Results [Yahoo! Finance]
Altus Power, Inc. Class A (AMPS)
Company Research
Source: Yahoo! Finance
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 total to over 24,000 Increased portfolio size by 45% to 981 MW as compared to first quarter 2023 Projects with CBRE Investment Management begin construction in Maryland Largest owner of commercial scale solar assets in the US Quarter ending cash balance of $204 million underpins financing plan Alison Sternberg joins as Head of Investor Relations STAMFORD, Conn., May 09, 2024 BUSINESS WIRE )--Altus Power, Inc. (NYSE: AMPS) ("Altus Power" or the "Company"), the largest commercial scale provider of clean, electric power, today announced its financial results for first quarter of 2024. "As the largest commercial scale solar owner and operator in the US, Altus Power i
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AMPS
News
- Altus Power, Inc. (NYSE: AMPS) had its price target lowered by analysts at Roth Mkm from $7.00 to $5.00. They now have a "buy" rating on the stock.MarketBeat
- Altus Power, Inc. (NYSE: AMPS) had its price target lowered by analysts at B. Riley from $7.00 to $6.00. They now have a "buy" rating on the stock.MarketBeat
- Altus Power, Inc. (NYSE: AMPS) had its price target lowered by analysts at Evercore ISI from $9.00 to $7.00. They now have an "outperform" rating on the stock.MarketBeat
- Altus Power, Inc. (NYSE: AMPS) was downgraded by analysts at JPMorgan Chase & Co. from an "overweight" rating to a "neutral" rating.MarketBeat
- Altus Power, Inc. (NYSE:AMPS) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
AMPS
Earnings
- 5/9/24 - Beat
AMPS
Sec Filings
- 5/14/24 - Form 8-K
- 5/13/24 - Form DEFA14A
- 5/10/24 - Form 8-K/A
- AMPS's page on the SEC website