Boralex Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was CAD 171 million compared to CAD 101 million a year ago. Net loss was CAD 3 million compared to CAD 44 million a year ago. Basic loss per share from continuing operations was CAD 0.03 compared to CAD 0.44 a year ago. Diluted loss per share from continuing operations was CAD 0.03 compared to CAD 0.44 a year ago.
For the nine months, sales was CAD 679 million compared to CAD 496 million a year ago. Net income was CAD 59 million compared to CAD 16 million a year ago. Basic earnings per share from continuing operations was CAD 0.57 compared to CAD 0.16 a year ago. Diluted earnings per share from continuing operations was CAD 0.57 compared to CAD 0.16 a year ago.