Atlantic Power (AT) Tops Q1 EPS by 19c
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Atlantic Power Corporation Releases First Quarter 2020 Results
May 7, 2020 5:19 PM EDTDEDHAM, Mass., May 7, 2020 /PRNewswire/ --
First Quarter 2020 Financial Results
Net income attributable to Atlantic Power of $29.5 million or $0.23 per diluted share increased from $8.9 million or $0.07 per diluted share in Q1 2019; increase primarily attributable to a foreign exchange gain of $20.6 million vs. a foreign exchange loss of $5.0 million in Q1 2019 Cash from operating activities of $8.4 million declined from $29.2 million in Q1 2019, primarily due to unfavorable impact of changes in working capital Project Adjusted EBITDA declined to $50.8 million from $53.7 million in Q1 2019, primarily due to the Cadillac outage, partially... More