---
schema_version: "secwatch.filing_event.v1"
accession: "0001828723-24-000063"
form_type: "8-K"
ticker: null
cik: "0001828723"
company_name: "Altus Power, Inc."
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T06:56:24.515563+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Altus Power Q1 revenue $40.7M (+38% YoY), Adj. EBITDA $19.7M (+23%), reaffirms FY guidance

## Summary
- Q1 revenue $40.7M, up 38% from $29.4M YoY; GAAP net income $4.1M vs $3.8M.
- Adj. EBITDA $19.7M, up 23% from $16.0M YoY.
- Portfolio grew 45% to 981 MW; added ~4,000 Community Solar customers (total >24,000).
- Reaffirms FY 2024 revenue guidance $200-222M, Adj. EBITDA $115-135M.
- Alison Sternberg appointed Head of IR; cash balance $204M.

## SEC filing metadata
- accession: 0001828723-24-000063
- form_type: 8-K
- cik: 0001828723
- company_name: Altus Power, Inc.
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828723/000182872324000063/0001828723-24-000063-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828723/000182872324000063/amps-20240509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001828723-24-000063
- JSON: https://secwatch.observer/filing/0001828723-24-000063.json
- Plain text: https://secwatch.observer/filing/0001828723-24-000063.txt

## Key facts
- Earnings Releases
  Altus Power, Inc. reported first quarter of 2024 results: revenue $40.7 million, net income $4.1 million. Guidance reaffirmed.
  - Period: first quarter of 2024
  - Revenue: $40.7 million
  - Net income: $4.1 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: in such filing. --- EX-99.1 (EX-99.1) --- Altus Power, Inc. Announces First Quarter 2024 Financial Results First Quarter Financial Highlights • First quarter 2024 revenues of $40.7 million, a 38% increase as compared to first quarter 2023 • GAAP net income of $4.1 million for first quarter 2024, an increase as compared to $3.8 million for first quarter 2023 •
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828723/000182872324000063/0001828723-24-000063-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.