Innergex Renewable Energy 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 258.39 million compared to CAD 184.56 million a year ago. Net income was CAD 23.27 million compared to net loss of CAD 16.4 million a year ago. Basic earnings per share from continuing operations was CAD 0.11 compared to basic loss per share from continuing operations of CAD 0.1 a year ago. Diluted earnings per share from continuing operations was CAD 0.11 compared to diluted loss per share from continuing operations of CAD 0.1 a year ago.
For the nine months, sales was CAD 666.86 million compared to CAD 544.82 million a year ago. Net loss was CAD 36.32 million compared to CAD 189.46 million a year ago. Basic loss per share from continuing operations was CAD 0.2 compared to CAD 1.09 a year ago. Diluted loss per share from continuing operations was CAD 0.2 compared to CAD 1.09 a year ago.