Pattern Energy (PEGI) Reports Q1 EPS of $1.32, Miss on Revenues

Pattern Energy (NASDAQ: PEGI) reported Q1 EPS of $1.32, versus $0.15 reported last year. Revenue for the quarter came in at $111.7 million versus the consensus estimate of $134.37 million.

Highlights(Figures reported below are for the first quarter of fiscal 2017, unless otherwise noted)

• Proportional gigawatt hours ("GWh") sold of 2,127 GWh, up 4%
• Net cash provided by operating activities of $27.8 million
• Cash available for distribution ("CAFD") of $43.1 million, and on track to meet full year guidance(1)
• Net loss of $12.6 million
• Adjusted EBITDA of $104.2 million
• Revenue of $111.7 million, up 11%

For earnings history and earnings-related data on Pattern Energy (PEGI) click here.

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