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Algonquin Power & Utilities Corp.

AQNU•NYSE
Utilities
Renewable Utilities
$19.34
$0.38(2.004%)
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The company's financials show resilient growth, with revenue advancing from $666.78M in Q4 2023 to $573.20M in Q3 2024. Gross profit remained healthy with margins at 79% in Q3 2024 compared to 73% in Q4 2023. Operating income hit $111.08M last quarter, sustaining a consistent 19% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $249.77M. Net income dropped to -$1.31B, while earnings per share reached -$1.82. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.

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