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Polaris Renewable Energy Faces Q2 Earnings Dip

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Polaris Renewable Energy Faces Q2 Earnings Dip

Polaris Infrastructure (TSE:PIF) has released an update.

Polaris Renewable Energy reported a decrease in Q2 2024 energy production and revenue, primarily due to major maintenance at its Nicaraguan geothermal facility and lower hydrology in Peru. Despite lower earnings per share, the company managed to maintain stable direct costs and general expenses, and continues to advance its sustainability and dividend payment goals.

For further insights into TSE:PIF stock, check out TipRanks’ Stock Analysis page.

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