Innergex Renewable Energy Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was CAD 219.75 million compared to CAD 170.61 million a year ago. Net loss was CAD 25.19 million compared to net income of CAD 41.1 million a year ago. Basic loss per share from continuing operations was CAD 0.13 compared to basic earnings per share from continuing operations of CAD 0.23 a year ago. Diluted loss per share from continuing operations was CAD 0.13 compared to diluted earnings per share from continuing operations of CAD 0.23 a year ago.
For the six months, sales was CAD 408.47 million compared to CAD 360.26 million a year ago. Net loss was CAD 59.59 million compared to CAD 173.06 million a year ago. Basic loss per share from continuing operations was CAD 0.31 compared to CAD 1.01 a year ago. Diluted loss per share from continuing operations was CAD 0.31 compared to CAD 1.01 a year ago.