Atlantic Power (AT) Reports Q4 Loss of $0.60/Share
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Atlantic Power Corporation Releases Fourth Quarter and Year End 2019 Results
February 27, 2020 5:14 PM ESTDEDHAM, Mass., Feb. 27, 2020 /PRNewswire/ -- Â
Fourth Quarter 2019 Financial Results and Developments
Net loss attributable to Atlantic Power of $65.3 million or $0.60 per share vs. net income of $24.7 million or $0.18 per diluted share in Q4 2018; the 2019 loss included non-cash impairment expense of $55.0 million recorded in the fourth quarter Cash from operating activities of $40.2 million was in line with $39.7 million in Q4 2018 Project Adjusted EBITDA declined to $42.9 million from $46.6 million in Q4 2018, mostly due to the Cadillac outage and reduced operations at Williams Lake, in line with expectations Repaid $20... More