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Altus Power Reports Strong Q3 Growth in 2024

Altus Power Reports Strong Q3 Growth in 2024

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An update from Altus Power ( (AMPS) ) is now available.

Altus Power, Inc. reported a strong third quarter in 2024, with revenues surging by 30% to $58.7 million and a notable increase in GAAP net income to $8.6 million. Their expansion in solar energy facilities contributed significantly to this growth, reflecting their leadership in the commercial solar sector. Furthermore, the company expanded its Community Solar subscriber base and surpassed 1 GW in operating assets, emphasizing its commitment to clean energy and addressing energy demands efficiently.

Learn more about AMPS stock on TipRanks’ Stock Analysis page.

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