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XPLR Infrastructure reports Q1 EPS ($1.05), consensus 25c

Reports Q1 revenue $282M, consensus $307.04M. “Since announcing our repositioning in January, we have made progress on our key initiatives,” said CEO Alan Liu. “We remain focused on strengthening our balance sheet and investing in our existing high-quality assets. With the buyout of the third-party ownership interests in our approximately 1.1-gigawatt XPLR Renewables II portfolio and our repowering investments, we are delivering on our plan to allocate capital for the benefit of unitholders. We continue to believe that the plan we laid out earlier this year will help XPLR Infrastructure (XIFR) enhance financial flexibility and the long-term value of our portfolio.”

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