CWEN Q3 2020 Earnings — Clearway Energy, Inc. Revenue & Financial Results | Market Cap Arena

CWENClearway Energy, Inc.

$8B

Q3 2020 Earnings

Utilities Renewable Utilities

Income Statement

Revenue

$332M+12.2% YoY

Gross Profit

$237M71.4% margin

Operating Income

$123M37.0% margin

Net Income

$32M9.6% margin

EPS (Diluted)

$0.27

QoQ Revenue Growth

+0.9%

Cash Flow

Operating Cash Flow

$257M

Free Cash Flow

$245M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$9.7B

Total Liabilities

$7.5B

Stockholders' Equity

$1.9B

Cash & Equivalents

$359M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$332M	$296M	+12.2%
Gross Profit	$237M	$210M	+12.9%
Operating Income	$123M	$90M	+36.7%
Net Income	$32M	$39M	-17.9%

Revenue Segments

Energy Revenue

$196M55%

Capacity Revenue

$143M40%

Products And Services, Other

$15M4%