Boralex Inc. reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported sales was CAD 180 million compared to CAD 210 million a year ago. Revenue was CAD 189 million compared to CAD 216 million a year ago. Net income was CAD 11 million compared to CAD 16 million a year ago. Basic earnings per share from continuing operations was CAD 0.1 compared to CAD 0.15 a year ago. Diluted earnings per share from continuing operations was CAD 0.1 compared to CAD 0.15 a year ago.
For the six months, sales was CAD 439 million compared to CAD 508 million a year ago. Revenue was CAD 457 million compared to CAD 520 million a year ago. Net income was CAD 66 million compared to CAD 49 million a year ago. Basic earnings per share from continuing operations was CAD 0.63 compared to CAD 0.46 a year ago. Diluted earnings per share from continuing operations was CAD 0.63 compared to CAD 0.46 a year ago.