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Enlight Renewable Energy's Q1 Earnings Fall, Revenue Rises
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Enlight Renewable Energy's Q1 Earnings Fall, Revenue Rises
May 8, 2024 6:42 AM

09:24 AM EDT, 05/08/2024 (MT Newswires) -- Enlight Renewable Energy ( ENLT ) reported Q1 earnings Wednesday of $0.14 per diluted share, down from $0.20 a year earlier.

Analysts' estimates were not available for comparison.

Revenue for the quarter ended March 31 was $90.4 million, compared with $71 million a year earlier.

Three analysts polled by Capital IQ expected $81 million.

Enlight said it continues to expect full-year 2024 revenue of $335 million to $360 million. Three analysts surveyed by Capital IQ expect $350.1 million.

The company's shares were up 4.3% in recent Wednesday premarket activity.

Price: 18.07, Change: +0.74, Percent Change: +4.29

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