AMPS News and Press, Altus Power Inc. Class A From 03/30/23

2023-03-30 15:45:02 ET Altus Power, Inc. (AMPS) Q4 2022 Earnings Conference Call March 30, 2023 8:30 AM ET Company Participants Chris Shelton - Head of Investor Relations Lars Norell - Co-Founder and Co-Chief Executive Officer, Altus Dustin Weber - Chief Financia...

2023-03-30 11:40:57 ET Shining brightly in investors' eyes, shares of Altus Power (NYSE: AMPS) are soaring today after the solar utility stock reported strong fourth-quarter 2022 earnings and provided 2023 guidance. As of 10:54 a.m. ET, shares of Altus Power are up 8.2%, hav...

2023-03-30 06:14:07 ET Altus Power press release ( NYSE: AMPS ): Q4 GAAP EPS of $0.42 beats by $0.41 . Revenue of $26.8M (+24.2% Y/Y) misses by $0.14M . Adjusted EBITDA during the fourth quarter of 2022 was $16.6M, compared to $12.9M for the fourth quarter of 2...

Full Year 2022 Financial Highlights Full year 2022 revenues of $101.2 million, a 41% increase as compared to full year 2021 GAAP net income of $52.2 million for full year 2022, an increase as compared to $13.0 million for full year 2021 Adjusted EBITDA* of $58.6 million for full y...

2023-03-13 18:58:54 ET Altus Power ( NYSE: AMPS ) said Monday it has no exposure to Silicon Valley Bank, Signature Bank or First Republic Bank or their affiliates. Altus Power said it holds its cash and equivalents, and marketable securities at other institutions and the...

Altus Power, Inc. (“Altus Power” or the “Company”) (NYSE: AMPS), the premier independent developer, owner and operator of commercial-scale solar facilities, today updated stakeholders that it has no exposure to Silicon Valley Bank, Signature Bank or First Republic Bank...

2023-03-07 21:12:54 ET Summary ValueAct’s 13F portfolio value decreased from $5.90B to $5.31B this quarter. ValueAct increased New York Times while dropping Citigroup and TopBuild. The top three positions are Fiserv, KKR, and CBRE, and they add up to ~62% of the portfol...

Suppliers to the grid run by PJM Interconnection will be paid 15% less next year to be on standby and provide backup electricity, according to the results of an auction released Monday. Power generators to the largest U.S. grid operator will get $28.92/MWd to provide capacity over a 12-mo...

Altus Power, Inc. (NYSE: AMPS) today announced that it will report financial results for the full year of 2022 before the opening of the New York Stock Exchange on Thursday, March 30, 2023. The earnings release will be followed by a conference call for investors at 8:30 AM Eastern Time the same d...

Altus Power, Inc. (“Altus Power” or the “Company”) (NYSE: AMPS), the premier independent developer, owner and operator of commercial-scale solar facilities, today announced that it closed on the acquisition of approximately 220 megawatts (MW) of solar assets, including...