Altus Power shares are trading lower after the company reported worse-than-expected Q2 revenue results and lowered its FY24 guidance.
Portfolio Pulse from Benzinga Newsdesk
Altus Power shares are trading lower after the company reported worse-than-expected Q2 revenue results and lowered its FY24 guidance.
August 09, 2024 | 2:48 pm
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Altus Power reported Q2 revenue results that were below expectations and lowered its FY24 guidance, leading to a decline in its share price.
The company's worse-than-expected Q2 revenue results and the downward revision of its FY24 guidance are significant negative factors that are likely to impact investor sentiment and lead to a short-term decline in the stock price.
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