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BRIEF-Pinnacle Renewable Energy Reports Qtrly EPS $0.22

Published 2019-02-21, 09:51 p/m
Updated 2019-02-21, 10:00 p/m
© Reuters.  BRIEF-Pinnacle Renewable Energy Reports Qtrly EPS $0.22

Feb 21 (Reuters) - Pinnacle Renewable Energy Inc PL.TO :

* PINNACLE RENEWABLE ENERGY REPORTS FISCAL 2018 FOURTH QUARTER AND YEAR-END RESULTS AND ANNOUNCES NEW OFF-TAKE CONTRACTS IN JAPAN AND SOUTH KOREA

* Q4 2018 REVENUE INCREASED 42.2% TO $103.7 MILLION, COMPARED TO $73.0 MILLION IN Q4 2017;

* QTRLY BASIC AND DILUTED EARNINGS PER SHARE $0.22

* PINNACLE EXPECTS TO SEE CONTINUED STRONG EXECUTION IN STRATEGIC GROWTH PLAN OF BUSINESS IN 2019

* PINNACLE RENEWABLE ENERGY - ALICEVILLE AND SMITHERS FACILITIES ADDED IN Q4 2018 WILL CONTRIBUTE TO 2019 GROWTH AS THEY RAMP UP PRODUCTION

* Q4 EARNINGS PER SHARE VIEW C$0.12, REVENUE VIEW C$97.0 MILLION -- REFINITIV IBES DATA

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