Atlantic Power (AT) Misses Q3 EPS by 1c

Go back to Atlantic Power (AT) Misses Q3 EPS by 1c

Atlantic Power Corporation Releases Third Quarter 2018 Results

November 1, 2018 5:08 PM EDT

DEDHAM, Mass., Nov. 1, 2018 /PRNewswire/ --

Third Quarter 2018 Financial Highlights

Net loss attributable to Atlantic Power of $(3.2) million in Q3 2018 vs. $(32.9) million in Q3 2017 Project income of $26.2 million in Q3 2018 vs. project loss of $(20.9) million in Q3 2017 Cash from operating activities of $19.5 million in Q3 2018 decreased from $52.9 million in Q3 2017 Project Adjusted EBITDA of $45.4 million in Q3 2018 decreased from $77.4 million in Q3 2017 Repaid $20.8 million of term loan and project debt in Q3 2018 and $79.5 million year to date; leverage ratio of 4.5 times at September 30, 2018 Repurchased and canceled... More