Altus Power, Inc (AMPS) Tops Q2 EPS by 16c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/21/2026

1. SPCX
2. NVDA
3. NFLX
4. ISRG
5. GOOGL
6. RTX
7. COF
8. SMCI
9. TSLA
10. BRZE

Go back to Altus Power, Inc (AMPS) Tops Q2 EPS by 16c

Altus Power, Inc. Announces Second Quarter 2022 Financial Results

August 15, 2022 7:00 AM EDT

Second Quarter 2022 Financial Highlights

Generated revenues of $24.8 million during second quarter 2022, an increase of 41% over second quarter 2021 Second quarter 2022 GAAP net income of $21.6 million, as compared to second quarter 2021 net loss of $0.4 million driven by a $21.4 million non-cash gain from fair value remeasurement of both warrants and alignment shares Second quarter 2022 adjusted EBITDA* of $13.9 million, an increase of 37% over second quarter 2021 Reaffirmed full year 2022 adjusted EBITDA* guidance of $57-63 million

Second Quarter Business Highlights

Completed conversion of initial CBRE client engagement into long-term... More