Investing.com - H2O Innovation reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
H2O Innovation announced earnings per share of C$0.01 on revenue of C$52.05M. Analysts polled by Investing.com anticipated EPS of C$0.01 on revenue of C$46.2M.
H2O Innovation shares are down 20% from the beginning of the year , still down 27.02% from its 52 week high of C$2.85 set on Wednesday, January 5, 2022.
H2O Innovation shares gained 1.96% in intra-day trade the report.
H2O Innovation follows other major Utilities sector earnings this month
H2O Innovation's report follows an earnings beat by Spark Power on Thursday, September 1, 2022, who reported EPS of C$0.0052 on revenue of C$72.9M, compared to forecasts EPS of C$-0.01 on revenue of C$71.47M.
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