American Technology (ATCO) Misses Q2 EPS by 2c, Revenues Beat; Updated FY20 Revenue Guidance Below Consensus

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Go back to American Technology (ATCO) Misses Q2 EPS by 2c, Revenues Beat; Updated FY20 Revenue Guidance Below Consensus

Atlas Reports Second Quarter 2020 Results

August 11, 2020 7:30 AM EDT

 

Delivered Funds From Operations (FFO)(1) per Share, Diluted, of $0.64 and Adjusted EBITDA(1) of $238.9 million for the quarter; introduced as new key performance metricsDeclared dividend of $0.125 per common share; 15 years of consistent distributionsAchieved record quarterly revenue of $363.8 million in first full quarter of APR ownershipLiquidity of $382.9 million at quarter end; extended $150.0 million revolving credit facilitySeaspan agreed to acquire two vessels backed by long-term charters, with contracted revenue of over $150.0 million; secured charters for full fleet of 125 vesselsAPR achieved COD on all 8 turbines over three peaking power plants in... More