Boralex Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was CAD 101 million compared to CAD 126 million a year ago. Revenue was CAD 106 million compared to CAD 130 million a year ago. Net loss was CAD 44 million compared to CAD 20 million a year ago. Basic loss per share from continuing operations was CAD 0.44 compared to CAD 0.2 a year ago. Diluted loss per share from continuing operations was CAD 0.44 compared to CAD 0.2 a year ago.
For the nine months, sales was CAD 496 million compared to CAD 479 million a year ago. Revenue was CAD 508 million compared to CAD 492 million a year ago. Net income was CAD 16 million. Basic earnings per share from continuing operations was CAD 0.16 compared to basic loss per share from continuing operations of CAD 0.01 a year ago. Diluted earnings per share from continuing operations was CAD 0.16 compared to diluted loss per share from continuing operations of CAD 0.01 a year ago.