Algonquin Power & Utilities (TSE:AQN) has released an update.
Algonquin Power & Utilities Corp. has announced their third quarter financial results, showcasing a strategic shift towards regulated utility operations. Despite a decline in adjusted net earnings per share, the company has seen growth in net utility sales and adjusted EBITDA. The firm is making significant progress in simplifying its business model by selling its renewables business and Atlantica stake, while also implementing new leadership and IT systems.
For further insights into TSE:AQN stock, check out TipRanks’ Stock Analysis page.
