Altus Power reports Q3 EPS 11c, consensus 3c

Reports Q3 revenue $58.7M, consensus $57.98M. “Our third quarter performance reflects our market-leading position in the rapidly growing commercial scale solar sector as we surpassed 1 GW in operating assets nationwide,” said Gregg Felton, CEO of Altus Power (AMPS). “Our focus is on generating clean power directly where it’s needed, addressing energy demands and alleviating transmission strain by providing solutions close to where the power is being consumed.”