Neutral. Northland missed on some expectations in the quarter but it continues to get good results with its project management. The Company brought the Grand Bend project to commercial operations earlier than anticipated and has made significant advancements on its offshore wind projects. Management has left its previous FY2016 EBITDA guidance range of $500 mm to $530 mm unchanged.
11 May 2016
REPORTS 1Q16 RESULTS SLIGHTLY BELOW EXPECTATIONS
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REPORTS 1Q16 RESULTS SLIGHTLY BELOW EXPECTATIONS
Northland Power Inc. (NPI:TSE) | 0 0 1.8% | Mkt Cap: 3,794m
- Published:
11 May 2016 -
Author:
Steven I. Paget -
Pages:
4
Neutral. Northland missed on some expectations in the quarter but it continues to get good results with its project management. The Company brought the Grand Bend project to commercial operations earlier than anticipated and has made significant advancements on its offshore wind projects. Management has left its previous FY2016 EBITDA guidance range of $500 mm to $530 mm unchanged.