CWEN Q1 2020 Earnings — Clearway Energy, Inc. Revenue & Financial Results | Market Cap Arena

CWENClearway Energy, Inc.

$8B

Q1 2020 Earnings

Utilities Renewable Utilities

Income Statement

Revenue

$258M+18.9% YoY

Gross Profit

$165M64.0% margin

Operating Income

$52M20.2% margin

Net Income

-$29M-11.2% margin

EPS (Diluted)

$-0.25

QoQ Revenue Growth

+9.8%

Cash Flow

Operating Cash Flow

$84M

Free Cash Flow

$44M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$9.6B

Total Liabilities

$7.3B

Stockholders' Equity

$1.8B

Cash & Equivalents

$380M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$258M	$217M	+18.9%
Gross Profit	$165M	$133M	+24.1%
Operating Income	$52M	$41M	+26.8%
Net Income	-$29M	-$20M	-45.0%

Revenue Segments

Energy Revenue

$155M54%

Capacity Revenue

$121M42%

Products And Services, Other

$9M3%