secwatch.observer — SEC 8-K summary
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Issuer:     Altus Power, Inc. (—)
CIK:        0001828723
Form:       8-K
Filed at:   2024-05-09T23:59:59+00:00
Accession:  0001828723-24-000063
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828723/000182872324000063/0001828723-24-000063-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828723/000182872324000063/amps-20240509.htm
  HTML page:      https://secwatch.observer/filing/0001828723-24-000063

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