Altus Power reports Q2 EPS 23c, consensus 3c

Reports Q2 revenue $52.5M, consensus $57.07M. “Altus Power has assembled a portfolio of highly attractive assets that will generate long-term value for our investors. In Q2 2024, we continued to prudently scale our portfolio and capitalize on long-term growth opportunities,” said Gregg Felton, CEO of Altus Power. “Over the past five years, our flexible and agile but disciplined approach has allowed us to increase our revenues and adjusted EBITDA four-fold, while building the largest nationwide portfolio in the commercial solar market.”