05:26 PM EDT, 03/14/2024 (MT Newswires) -- Altus Power ( AMPS ) reported a Q4 loss late Thursday of $0.17 per diluted share, compared with earnings of $0.42 per share a year earlier.

Analysts surveyed by Capital IQ expected a loss of $0.02.

Net operating revenue for the quarter ended Dec. 31 was $34.2 million, up from $26.8 million a year earlier.

Analysts surveyed by Capital IQ expected $44.3 million.

The company said it expects full-year 2024 revenue of $200 million to $222 million. Analysts surveyed by Capital IQ expect $221.6 million.

Shares of the company fell nearly 12% in after-hours activity.

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