Spruce Power Reports Fourth Quarter and Full Year 2022 Results
Our investors can read more about our vision in my 2023 CEO’s Letter to Shareholders.” ( link here )
- Our investors can read more about our vision in my 2023 CEO’s Letter to Shareholders.” ( link here )
“Financial results for the fourth quarter of 2022 reflect the first full quarter of contribution from Spruce Power following the acquisition on September 9, 2022,” said Don Klein, Chief Financial Officer of Spruce Power. - Selling, general & administrative expenses were $28.6 million for the fourth quarter of 2022, compared to $27.0 million for the third quarter of 2022.
- Adjusted EBITDA totaled $3.5 million for the fourth quarter of 2022, compared to ($8.3) million for the third quarter of 2022.
- The Spruce Power management team will host a conference call to discuss its fourth quarter 2022 financial results today at 2:30 p.m. Mountain Time.