tiprankstipranks
Trending News
More News >

Atlantica’s Revenue Growth Amid Acquisition Plans

Atlantica’s Revenue Growth Amid Acquisition Plans

Atlantica Sustainable Infrastructure (AY) has released an update.

Confident Investing Starts Here:

Atlantica Sustainable Infrastructure reported a 7% increase in revenue for the first nine months of 2024, with figures reaching $918.7 million, while adjusted EBITDA rose by 4.8% to $657.5 million. Despite this growth, net profit decreased to $32.7 million from $46.1 million in the same period of 2023. The company also announced a quarterly dividend of $0.2225 per share as it prepares for a pending acquisition by Energy Capital Partners set to close in December.

For further insights into AY stock, check out TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1