Atlantic Power (AT) Tops Q1 EPS by 9c, Revenues Miss
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Atlantic Power Corporation Releases First Quarter 2019 Results
May 2, 2019 5:09 PM EDTDEDHAM, Mass., May 2, 2019 /PRNewswire/ --
First Quarter 2019 Financial Highlights
Net income attributable to Atlantic Power of $8.9 million vs. $15.9 million in Q1 2018; reduction primarily attributable to non-cash mark-to-market gains in the 2018 period Cash from operating activities of $29.2 million vs. $50.3 million in Q1 2018; results for the two periods were nearly unchanged on an adjusted basis excluding changes in working capital Project Adjusted EBITDA of $53.7 million vs. $53.4 million in Q1 2018 Repaid $15.8 million of term loan and project debt Liquidity at March 31, 2019 of $198 million, an increase of $6.5 million from year-end 2018 Reaffirmed full... More