Atlantic Power (AT) Tops Q3 EPS by 12c, Revenues Miss
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Atlantic Power Corporation Releases Third Quarter 2019 Results
October 31, 2019 5:11 PM EDTDEDHAM, Mass., Oct. 31, 2019 /PRNewswire/ --
Third Quarter 2019 Financial Highlights
Net income attributable to Atlantic Power increased to $12.6 million or $0.10 per diluted share from a net loss of $3.2 million or ($0.03) per diluted share in Q3 2018 Project income increased to $27.9 million from $26.2 million in Q3 2018 Cash from operating activities increased to $36.4 million from $19.5 million in Q3 2018 Project Adjusted EBITDA increased to $48.9 million from $45.4 million in Q3 2018 Repaid $18.3 million of term loan and project debt; leverage ratio improved to 3.7 times Liquidity at September 30, 2019 of $181 million, including approximately $24 million of... More