Boralex Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CAD 259 million compared to CAD 298 million a year ago. Revenue was CAD 268 million compared to CAD 304 million a year ago.
Net income was CAD 55 million compared to CAD 33 million a year ago. Basic earnings per share from continuing operations was CAD 0.53 compared to CAD 0.31 a year ago. Diluted earnings per share from continuing operations was CAD 0.53 compared to CAD 0.31 a year ago.