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home / news releases / CA - Innergex Q1 Results: Looks Like A Great Time To Buy The Shares

CA - Innergex Q1 Results: Looks Like A Great Time To Buy The Shares

CA Inc.

2023-05-16 04:23:57 ET

Summary

  • Innergex reported another weak quarter mostly due to unfavorable weather and hydrology conditions, affecting revenues and adjusted EBITDA.
  • The company continues to make progress with its development pipeline, and it is making plans to refinance or recycle certain assets to generate liquidity as an alternative to equity issuance.
  • Management expressed their belief during the earnings call that shares are undervalued, and we agree that they look attractive and it looks like a great time to buy the shares.

For further details see:

Innergex Q1 Results: Looks Like A Great Time To Buy The Shares
Stock Information
Company Name: CA Inc.
Stock Symbol: CA
Market: NASDAQ
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