Enlight Renewable Energy Ltd (ENLT) revealed a profit for its third quarter that Increased, from last year
The company's earnings came in at $22.026 million, or $0.16 per share. This compares with $14.247 million, or $0.12 per share, last year.
The company's revenue for the period rose 46.0% to $165.057 million from $113.071 million last year.
Enlight Renewable Energy Ltd earnings at a glance (GAAP) :
-Earnings: $22.026 Mln. vs. $14.247 Mln. last year.-EPS: $0.16 vs. $0.12 last year.-Revenue: $165.057 Mln vs. $113.071 Mln last year.
Citing its third-quarter earnings performance, Enlight Renewable has revised up its annual outlook.
For the full year, the company now expects adjusted EBITDA of $405 million to $415 million, compared with the earlier guidance of $385 million to $400 million.
Enlight Renewable now projects annual revenue of $555 million to $565 million against the prior expectation of $520 million to $535 million.
ENLT was up by 6.85% at $39.01 in the pre-market trade on the Nasdaq.
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