Boralex Inc

TSX:BLXCanadaView on OTC Pink - Current Information

Nov 14, 2024

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• Boralex Q3 Loss Widens on Weaker Renewable Power Production and Lower Revenue, from 8:26AM ET on Thursday Nov 14, 2024 by MT Newswires

  8:26AM ET on Thursday Nov 14, 2024 by MT Newswires
  Companies Mentioned: BLX
  08:26 AM EST, 11/14/2024 (MT Newswires) -- Boralex (BLX.TO) on Thursday said its second quarter loss widened on lower electricity production and weaker revenue. The renewable-power producer said it lost $14 million, in the quarter, compared with a l...

• -- Boralex Brief: Q3 Consolidated and Also Combined Per share basic and diluted ($0.13) Vs ($0.07) a year earlier, from 7:11AM ET on Thursday Nov 14, 2024 by MT Newswires

  7:11AM ET on Thursday Nov 14, 2024 by MT Newswires
  Companies Mentioned: BLX
  07:11 AM EST, 11/14/2024 (MT Newswires) -- ...

• Boralex reports operating income of $7 million and actively pursues its development and diversification activities in the third quarter, from 7:00AM ET on Thursday Nov 14, 2024 by Dow Jones

  7:00AM ET on Thursday Nov 14, 2024 by Dow Jones
  Companies Mentioned: BLX
  period ended September 30, 2024, a favourable adjustment of $3 million was made to take into account this change of position. (6) During Q1-2024, the Corporation reclassified the employee benefits for 2023 and 2024 related to its incentive plans, which were reported in full under Operating expenses in the consolidated statements of earnings. To better allocate these expenses to the Corporation's various functions and thus provide more relevant information to users of the financial statements, the Corporation is now allocating these costs to Operating, Administrative and Development expenses in the consolidated statements of earnings according to the breakdown of staff. This change resulted in a $2 million increase in development costs for the three-month period ended September 30, 2023, a $1 million increase for the twelve-month period ended September 30, 2024, and a $5 million increase for the year ended December 31, 2023.