AMPS earnings
Altus Power Inc. (AMPS) earnings releases and earnings dates - real-time wire coverage of every quarterly report.
Recent earnings items
- Altus Power, Inc. Announces Fourth Quarter and Full Year 2024 Financial ResultsFull Year 2024 Financial Highlights Full year 2024 revenues of $196.3 million, a 26% increase compared to full year 2023 GAAP net loss of $10.7 million for full year 2024, compared to net loss of $26.0 million for full year 2023 Adjusted EBITDA* of $111.6 million for full year 2024, a 20% increase compared to full year 2023 Adjusted EBITDA margin* of 57% for full year 2024, compared to 60% for full year 2023 Business Highlights Surpassed 1 GW in operating assets Completed ~56 MW of new-build assets and added ~96 MW of assets in operation Successfully structured an innovative tax equity transaction and partnership model Year ending cash balance of $123 million On February
- Altus Power to Announce Full Year 2024 Financial Results on March 17, 2025Altus Power, Inc. (NYSE:AMPS) ("Altus Power"), the largest owner of commercial-scale solar in the US, today announced it will report financial results for the fourth quarter and full year of 2024 after the closing of the New York Stock Exchange on Monday, March 17, 2025. As previously announced on February 6, 2025, Altus Power and TPG entered into a definitive agreement for Altus Power to be acquired by TPG through its TPG Rise Climate Transition Infrastructure strategy. Due to the pending transaction, Altus Power will not host a conference call or webcast to review its fourth quarter and full year 2024 results or provide a financial outlook. About Altus Power Altus Power, based in St
- Altus Power, Inc. Announces Third Quarter 2024 Financial ResultsThird Quarter Financial Highlights Third quarter 2024 revenues of $58.7 million, a 30% increase as compared to third quarter 2023 GAAP net income of $8.6 million for third quarter 2024, as compared to $6.8 million for third quarter 2023 Adjusted EBITDA* of $37.0 million for third quarter 2024, a 27% increase as compared with third quarter 2023 Recent Business Highlights Nationwide portfolio that surpassed 1 GW in operating assets as of September 30, 2024 Expanded Community Solar subscriber base to approximately 30,000 households across nine states Generated 333 million kilowatt hours of clean electric power in third quarter 2024, the equivalent of approximately 232,000
- Altus Power Announces Date for Release of Third Quarter 2024 Financial Results and Conference CallAltus Power (NYSE:AMPS), the largest commercial-scale provider of clean electric power, today announced that it will report financial results for the third quarter of 2024 after the closing of the New York Stock Exchange on Tuesday, November 12, 2024. Following the release, Altus CEO Gregg Felton and CFO Dustin Weber will host a conference call at 4:30pm ET to review results and provide a brief business update. Interested investors and other parties can listen to a webcast of the live conference call by logging onto the Investor Relations section of the Company's website at Altus Power, Inc. | Events & Presentations. The conference call can be accessed live over the phone by dialing 1-80
- Altus Power, Inc. Announces Second Quarter 2024 Financial ResultsSecond Quarter Financial Highlights Second quarter 2024 revenues of $52.5 million, a 13% increase as compared to second quarter 2023 GAAP net income of $33.1 million for second quarter 2024, as compared to $3.4 million for second quarter 2023 Adjusted EBITDA* of $31.2 million for second quarter 2024, or a 2% increase as compared with second quarter 2023 Recent Business Highlights Increased portfolio size by 42% as compared to second quarter of 2023 Generated 364 million kilowatt hours of clean electric power, the equivalent of approximately 254,000 metric tons of carbon dioxide avoided annually Number one owner of commercial-scale solar1, with a portfolio of nearly 1 gi
- CBRE Group, Inc. Reports Financial Results for Second-Quarter 2024CBRE Group, Inc. (NYSE:CBRE) today reported financial results for the second quarter ended June 30, 2024. Key Highlights: Revenue up 9%; net revenue up 11% Resilient Business(1) net revenue increased 14%, bolstered by Turner & Townsend's 18% growth Advisory transaction revenue - leasing and capital markets - rose 5%, supported by growth of 13% in U.S. leasing revenue and 20% in mortgage origination fees GAAP EPS down 34% to $0.42; Core EPS down 2% to $0.81 Deployed $1.3 billion of capital year-to-date across M&A and REI co-investments Both net cash flow from operations and free cash flow improved by approximately $300 million; free cash flow conversion was nearly 90%
- Altus Power, Inc. Announces Date for Release of Second Quarter 2024 Financial Results and Conference CallAltus Power, Inc. (NYSE:AMPS), the largest commercial-scale provider of clean electric power, today announced that it will report financial results for the second quarter of 2024 after the closing of the New York Stock Exchange on Thursday, August 8th. Following the release, Altus CEO Gregg Felton and CFO Dustin Weber will host a conference call at 4:30pm ET to review results and provide a brief business update. Interested investors and other parties can listen to a webcast of the live conference call by logging onto the Investor Relations section of the Company's website at Altus Power, Inc. | Events & Presentations. The conference call can be accessed live over the phone by dialing
- Altus Power, Inc. Announces First Quarter 2024 Financial ResultsFirst Quarter Financial Highlights First quarter 2024 revenues of $40.7 million, a 38% increase as compared to first quarter 2023 GAAP net income of $4.1 million for first quarter 2024, an increase as compared to $3.8 million for first quarter 2023 Adjusted EBITDA* of $19.7 million for first quarter 2024, or a 23% increase as compared with first quarter 2023 Recent Business Highlights Added ~4,000 Community Solar customers, bringing total to over 24,000 Increased portfolio size by 45% to 981 MW as compared to first quarter 2023 Projects with CBRE Investment Management begin construction in Maryland Largest owner of commercial scale solar assets in the US1 Quarter
- CBRE Group, Inc. Reports Financial Results for First-Quarter 2024GAAP EPS Up 10% to $0.41 Core EPS Down 15% to $0.78 CBRE Group, Inc. (NYSE:CBRE) today reported financial results for the first quarter ended March 31, 2024. Consolidated Financial Results Overview The following table presents highlights of CBRE performance (dollars in millions, except per share data; totals may not add due to rounding): % Change Q1 2024 Q1 2023 USD LC (1) Operating Results Revenue $ 7,935 $ 7,411 7.1 % 6.9
- Altus Power, Inc. Announces Date for Release of First Quarter 2024 Financial Results and Conference CallAltus Power, Inc. (NYSE:AMPS), the largest commercial-scale provider of clean electric power, today announced that it will report financial results for the first quarter of 2024 after the closing of the New York Stock Exchange on Thursday, May 9, 2024. The earnings release will be followed by a conference call for investors at 4:30 PM Eastern Time. The call will feature prepared remarks from Gregg Felton, Co-Chief Executive Officer and Dustin Weber, Chief Financial Officer. The prepared remarks will be followed by a question-and-answer session which will also include Lars Norell, Co-Chief Executive Officer of Altus Power. The conference call may be accessed via live webcast on a listen-
- Altus Power, Inc. Announces Fourth Quarter and Full Year 2023 Financial ResultsFull Year 2023 Financial Highlights Full year 2023 revenues of $155.2 million, a 53% increase compared to full year 2022 GAAP net loss of $26.0 million for full year 2023, compared to net income of $52.2 million for full year 2022 Adjusted EBITDA* of $93.1 million for full year 2023, a 59% increase compared to full year 2022 Net cash provided by operating activities of $79.4 million, a 125% increase over 2022 Adjusted EBITDA margin* of 60% for full year 2023, compared to 58% for full year 2022 Business Highlights Added ~150 enterprise customers, bringing total to over 450 Increased portfolio size by 91% to 896 MW during 2023 Completed ~74 MW of new-build assets an
- CBRE Group, Inc. Reports Financial Results for Q4 and Full Year 2023Q4 GAAP EPS rose to $1.55 Q4 Core EPS rose to $1.38 FY GAAP EPS declined to $3.15 FY Core EPS declined to $3.84 CBRE Group, Inc. (NYSE:CBRE) today reported financial results for the fourth quarter and year ended December 31, 2023. Consolidated Financial Results Overview The following table presents highlights of CBRE performance (dollars in millions, except per share data; totals may not add due to rounding): % Change % Change Q4 2023 Q4 2022 USD LC (1) FY 2023 FY 2022 USD LC (1) Operating Results
- Altus Power, Inc. Announces Date for Release of Full Year 2023 Financial Results and Conference CallAltus Power, Inc. (NYSE:AMPS), the leading commercial-scale provider of clean electric power, today announced that it will report financial results for the full year of 2023 after the closing of the New York Stock Exchange on Thursday, March 14, 2024. The earnings release will be followed by a conference call for investors at 4:30 PM Eastern Time. The call will feature prepared remarks from Lars Norell, Co-Chief Executive Officer and Dustin Weber, Chief Financial Officer. The prepared remarks will be followed by a question-and-answer session which will also include Gregg Felton, Co-Chief Executive Officer of Altus Power. The conference call may be accessed via live webcast on a listen-o
- Altus Power, Inc. Announces Third Quarter 2023 Financial ResultsThird Quarter Financial Highlights Third quarter 2023 revenues of $45.1 million, an increase of 48% over third quarter 2022 GAAP net income of $6.8 million for third quarter 2023, an increase of $103 million over third quarter 2022 Adjusted EBITDA* of $29.1 million for third quarter 2023, an increase of 50% over third quarter 2022 Net Cash Provided by Operating Activities of $23.6 million for third quarter 2023, an increase of 82% over third quarter 2022 Adjusted EBITDA margin* of 64% for third quarter 2023, equivalent to third quarter 2022 Recent Business Highlights Reaffirming 2023 adjusted EBITDA in the range of $97-103 million and adjusted EBITDA margin in the mid-t
- CBRE Group, Inc. Reports Financial Results for Third-Quarter 2023GAAP EPS Declined 56% to $0.61 Core EPS Declined 36% to $0.72 CBRE Group, Inc. (NYSE:CBRE) today reported financial results for the third quarter ended September 30, 2023. Consolidated Financial Results Overview The following table presents highlights of CBRE performance (dollars in millions, except per share data; totals may not add due to rounding): % Change Q3 2023 Q3 2022 USD LC (1) Operating Results Revenue $ 7,868 $ 7,530 4.5 % 3.4
- Altus Power, Inc. Announces Date for Release of Third Quarter 2023 Financial Results and Conference CallAltus Power, Inc. (NYSE:AMPS), the leading commercial-scale provider of clean electric power, today announced that it will report financial results for the third quarter of 2023 before the opening of the New York Stock Exchange on Monday, November 13, 2023. The earnings release will be followed by a conference call for investors at 8:30 AM Eastern Time the same day. The call will feature prepared remarks from Gregg Felton, Co-Chief Executive Officer and Dustin Weber, Chief Financial Officer. The prepared remarks will be followed by a question-and-answer session which will also include Lars Norell, Co-Chief Executive Officer of Altus Power. The conference call may be accessed via live we
- Altus Power, Inc. Announces Second Quarter 2023 Financial ResultsSecond Quarter Financial Highlights Second quarter 2023 revenues of $46.5 million GAAP net income of $3.4 million for second quarter 2023 Adjusted EBITDA* of $30.6 million for second quarter 2023 Adjusted EBITDA margin* of 66% for second quarter 2023 Recent Business Highlights Executed exclusive agreement with High Street Logistics to deploy solar across its portfolio of 144 logistics facilities During August, completed acquisition of a 10 MW solar array combined with 15 MWh of energy storage serving a large grocery chain and Community Solar customers in Holliston, MA Completed acquisition from Apollo of 4.4 MW portfolio including new customer relationships with HP I
- CBRE Group, Inc. Reports Financial Results for Second-Quarter 2023GAAP EPS Declined 57% to $0.64 Core EPS Declined 55% to $0.82 CBRE Group, Inc. (NYSE:CBRE) today reported financial results for the second quarter ended June 30, 2023. Consolidated Financial Results Overview The following table presents highlights of CBRE performance (dollars in millions, except per share data; totals may not add due to rounding): % Change Q2 2023 Q2 2022 USD LC (1) Operating Results Revenue $ 7,720 $ 7,771 (0.7 )% 0.8
- Altus Power, Inc. Announces Date for Release of Second Quarter 2023 Financial Results and Conference CallAltus Power, Inc. (NYSE:AMPS) today announced that it will report financial results for the second quarter of 2023 before the opening of the New York Stock Exchange on Monday, August 14, 2023. The earnings release will be followed by a conference call for investors at 8:30 AM Eastern Time the same day. The call will feature prepared remarks from Lars Norell, Co-Chief Executive Officer and Dustin Weber, Chief Financial Officer. The prepared remarks will be followed by a question-and-answer session which will also include Gregg Felton, Co-Chief Executive Officer of Altus Power. The conference call may be accessed via live webcast on a listen-only basis on the Events & Presentations page o
- Altus Power, Inc. Announces First Quarter 2023 Financial ResultsFirst Quarter Financial Highlights First Quarter 2023 revenues of $29.4 million, a 53% increase as compared to first quarter 2022 GAAP net income of $3.8 million for first quarter 2023, a decrease as compared to $60.1 million for first quarter 2022, primarily as a result of changes in non-cash remeasurement of alignment shares Adjusted EBITDA* of $16.0 million for first quarter 2023, or a 83% increase as compared with first quarter 2022 Adjusted EBITDA margin* of 55% for first quarter 2023, compared to 46% for first quarter 2022 Recent Business Highlights Currently installed portfolio of ~686 MW including 8 MW completed during April and May Expected to complete construc
- CBRE Group, Inc. Reports Financial Results for First-Quarter 2023GAAP EPS Declined 68% to $0.37 Core EPS Declined 34% to $0.92 CBRE Group, Inc. (NYSE:CBRE) today reported financial results for the first quarter ended March 31, 2023. Consolidated Financial Results Overview The following table presents highlights of CBRE performance (dollars in millions, except per share data; totals may not add due to rounding): % Change Q1 2023 Q1 2022 USD LC (1) Operating Results Revenue $ 7,411 $ 7,333 1.1 %
- Altus Power, Inc. Announces Date for Release of First Quarter 2023 Financial Results and Conference CallAltus Power, Inc. (NYSE:AMPS) today announced that it will report financial results for the first quarter of 2023 before the opening of the New York Stock Exchange on Monday, May 15, 2023. The earnings release will be followed by a conference call for investors at 8:30 AM Eastern Time the same day. The call will feature prepared remarks from Gregg Felton, Co-Chief Executive Officer and Dustin Weber, Chief Financial Officer. The prepared remarks will be followed by a question-and-answer session which will also include Lars Norell, Co-Chief Executive Officer of Altus Power. The conference call may be accessed via live webcast on a listen-only basis on the Events & Presentations page of th
- Altus Power, Inc. Announces Fourth Quarter and Full Year 2022 Financial ResultsFull 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 year 2022, or a 43% increase as compared with full year 2021 Adjusted EBITDA margin* of 58% for full year 2022, compared to 57% for full year 2021 Recent Business Highlights Currently serving customers across 24 states, with New York, Massachusetts, New Jersey and California each representing over 100 MW Portfolio of 690 MW pro forma for acquisition from True Green Capital completed in February, 2023
- CBRE Group, Inc. Reports Financial Results for Q4 and Full Year 2022GAAP EPS fell 21% for FY 2022 to $4.29 Core EPS rose 7% for FY 2022 to $5.69 CBRE Group, Inc. (NYSE:CBRE) today reported financial results for the fourth quarter and year ended December 31, 2022. Consolidated Financial Results Overview The following table presents highlights of CBRE performance (dollars in millions, except per share data; totals may not add due to rounding): % Change % Change Q4 2022 Q4 2021 USD LC (1) FY 2022 FY 2021 USD LC (1) Operating Results Revenue $ 8
- Altus Power, Inc. Announces Date for Release of Full Year 2022 Financial Results and Conference CallAltus 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 day. The call will feature prepared remarks from Lars Norell, Co-Chief Executive Officer and Dustin Weber, Chief Financial Officer. The prepared remarks will be followed by a question and answer session which will also include Gregg Felton, Co-Chief Executive Officer of Altus Power. The conference call may be accessed via live webcast on a listen-only basis on the Events & Presentations page of the
- Altus Power, Inc. Announces Third Quarter 2022 Financial ResultsThird Quarter 2022 Financial Highlights Revenues of $30.4 million during third quarter 2022, an increase of 51% over third quarter 2021 GAAP net loss of $96.6 million, as compared to third quarter 2021 net loss of $1.3 million driven by a $102.0 million non-cash loss from fair value remeasurement of both warrants and alignment shares Adjusted EBITDA* of $19.4 million, an increase of 66% over third quarter 2021 Adjusted EBITDA margin* of 64% Ending unrestricted cash balance of $290.9 million Recent Business Highlights Increased portfolio by approximately 100 MW since second quarter including 88 MW acquired from D.E. Shaw Renewable Investments (DESRI) Operating portfolio now s
- CBRE Group, Inc. Reports Financial Results for Third-Quarter 2022GAAP EPS Rose 7% to $1.38 Core EPS Declined 19% to $1.13 CBRE Group, Inc. (NYSE:CBRE) today reported financial results for the third quarter ended September 30, 2022. Consolidated Financial Results Overview The following table presents highlights of CBRE performance (dollars in millions, except per share data; totals may not add due to rounding): % Change Q3 2022 Q3 2021 USD LC (1) Operating Results Revenue $ 7,530 $ 6,798 10.8 % 15.9 % Net revenue (2) 4,623 4,173 10.8 % 15.7
- Altus Power, Inc. Announces Date for Release of Third Quarter 2022 Financial Results and Conference CallAltus Power, Inc. (NYSE:AMPS) today announced that it will report financial results for the third quarter of 2022 before the opening of the New York Stock Exchange on Monday, November 14, 2022. The earnings release will be followed by a conference call for investors at 8:30 AM Eastern Time the same day. The call will feature prepared remarks from Gregg Felton, Co-Chief Executive Officer and Dustin Weber, Chief Financial Officer. The prepared remarks will be followed by a question and answer session which will also include Lars Norell, Co-Chief Executive Officer of Altus Power. The conference call may be accessed via live webcast on a listen-only basis on the Events & Presentations page of
- Altus Power, Inc. Announces Second Quarter 2022 Financial ResultsSecond 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 agreements for power Generated 137 megaw
- Altus Power, Inc. Announces Timing of Release of Second Quarter 2022 Financial Results and Conference CallAltus Power, Inc. ("Altus Power") (NYSE:AMPS), the premier independent owner and operator of commercial-scale solar facilities, today announced that it will release financial results for the second quarter of 2022 before the market opens on Monday, August 15, 2022. This release will be followed by a conference call for investors at 8:30 AM Eastern Time the same day. The call will feature prepared remarks from Lars Norell, Co-Chief Executive Officer, Dan Alcombright, Chief Platform Officer and Dustin Weber, Chief Financial Officer. The prepared remarks will be followed by a question and answer session which will also include Gregg Felton, Co-Chief Executive Officer of Altus Power. The conf
- Altus Power, Inc. Announces First Quarter 2022 Financial ResultsFirst Quarter Highlights Operating revenues of $19.2 million for first quarter 2022, an increase of 54% over first quarter 2021 First quarter 2022 GAAP net income of $60.1 million, as compared to first quarter 2021 net income of $0.3 million driven by a $64.8 million non-cash gain from fair value remeasurement of both warrants and alignment shares First quarter 2022 adjusted EBITDA* of $8.8 million, an increase of 38% over first quarter 2021 Unrestricted cash balance of $318.2 million as of March 31, 2022 Reaffirmed full year 2022 adjusted EBITDA* guidance of $57-63 million Announced partnership with Trammell Crow for installation of up to 300 MW of solar generation assets Alt
- Altus Power, Inc. Announces Timing of Release of First Quarter 2022 Financial Results and Conference CallAltus Power, Inc. ("Altus Power") (NYSE:AMPS), a leading clean electrification company, today announced that it will release financial results for the first quarter of 2022 before the market opens on Monday, May 16, 2022. This release will be followed by a conference call for investors at 8:30 AM Eastern Time the same day. Hosting the call will be Lars Norell and Gregg Felton, Co-Chief Executive Officers of Altus Power, and Dustin Weber, Chief Financial Officer. The conference call may be accessed via live webcast on a listen-only basis on the Events & Presentations page of the Investor section of Altus Power's website at https://investors.altuspower.com/events-and-presentations/. A repla
- Altus Power, Inc. Announces Full Year and Fourth Quarter 2021 Financial ResultsFourth Quarter and Full Year 2021 Financial Highlights Generated revenues of $71.8 million for full year 2021, an increase of 59% over full year 2020 Full year 2021 GAAP net income of $13.0 million, as compared to 2020 net loss of $1.9 million Full year 2021 adjusted EBITDA of $41.0 million, an increase of 60% over full year 2020* Generated revenues of $21.6 million for fourth quarter 2021, an increase of 92% over fourth quarter 2020 Fourth quarter 2021 GAAP net income of $14.5 million, as compared to fourth quarter 2020 net loss of $3.3 million Fourth quarter 2021 adjusted EBITDA of $12.9 million, an increase of 129% over fourth quarter 2021* Increased installed portfolio of
- Altus Power, Inc. Announces Timing of Release of Fourth Quarter and Full Year 2021 Financial Results and Conference CallSTAMFORD, Conn., March 3, 2022 /PRNewswire/ -- Altus Power, Inc. ("Altus Power") (NYSE:AMPS), a leading clean electrification company, today announced that it will release financial results for the fourth quarter and full year 2021 after market close on Thursday, March 24, 2022. This release will be followed by a conference call for investors at 8:30 AM Eastern Time on Friday, March 25, 2022. Hosting the call will be Lars Norell and Gregg Felton, Co-Chief Executive Officers of Altus Power, and Dustin Weber, Chief Financial Officer. The conference call may be accessed via live