Infrastructure and Energy Alternatives: Q1 Earnings Snapshot
May 10, 2021
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INDIANAPOLIS (AP) Infrastructure and Energy Alternatives, Inc. (IEA) on Monday reported a loss of $20.4 million in its first quarter.
On a per-share basis, the Indianapolis-based company said it had a loss of 91 cents.
The company posted revenue of $276.4 million in the period.
Infrastructure and Energy Alternatives shares have dropped 28% since the beginning of the year. In the final minutes of trading on Monday, shares hit $11.98, rising fivefold in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IEA at https://www.zacks.com/ap/IEA
Infrastructure and Energy Alternatives, Inc to Report First Quarter 2021 Financial Results
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Infrastructure and Energy Alternatives, Inc to Report First Quarter 2021 Financial Results
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Infrastructure and Energy Alternatives, Inc. Awarded $50 Million Wind Construction Contract in Iowa Infrastructure and Energy Alternatives, Inc. Indianapolis, Indiana, UNITED STATES
INDIANAPOLIS, April 27, 2021 (GLOBE NEWSWIRE) Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with renewable energy and specialty civil expertise, today announced that the Company has been awarded the Plymouth Wind Energy Center contract valued at approximately $50 million. Invenergy, a leading privately-held global developer, owner, and operator of sustainable energy solutions, awarded this project to IEA Constructors, a subsidiary of IEA that manages utility-scale renewable energy and heavy civil infrastructure projects.