Algonquin Power & Utilities Corp. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 648.21 million compared to USD 508.3 million a year ago. Revenue was USD 666.72 million compared to USD 528.58 million a year ago. Net loss was USD 195.18 million compared to USD 27.92 million a year ago. Basic loss per share from continuing operations was USD 0.29 compared to USD 0.05 a year ago. Diluted loss per share from continuing operations was USD 0.29 compared to USD 0.05 a year ago.
For the nine months, sales was USD 1,963.3 million compared to USD 1,634.88 million a year ago. Revenue was USD 2,026.68 million compared to USD 1,690.64 million a year ago. Net loss was USD 137.6 million compared to net income of USD 89.25 million a year ago. Basic loss per share from continuing operations was USD 0.21 compared to basic earnings per share from continuing operations of USD 0.13 a year ago. Diluted loss per share from continuing operations was USD 0.21 compared to diluted earnings per share from continuing operations of USD 0.13 a year ago.