Nelson Ng

Mark Jarvi

Rupert Merer

Sean Steuart

Benjamin Pham

Robert Hope

Allison Carson

Jessica Hoyle

Richard Sunderland

- Algonquin Power & Utilities Corp. reported **strong Q3 2025 financial results**, with adjusted net earnings from continuing operations increasing **10%** year-over-year to **$71.7 million** and adjusted net earnings per share rising **13%** to **$0.09**.  **[0001174169_2253644_3]**  The company's **2025 financial outlook remains unchanged**.  **[0001174169_2253644_3]** 
- **Robert Stefani** will join Algonquin as the new Chief Financial Officer effective **January 5, 2026**.  **[0001174169_2253644_1]** 
- The company is focused on its **pure-play regulated utility strategy** and is actively managing several rate cases, including the **approved Energy North settlement** and **pending Cal Pico settlement**.  **[0001174169_2253644_1]** **[0001174169_2253644_2]** 
- Operating expenses positively impacted the quarter, but a **reversal of timing is anticipated in Q4**.  **[0001174169_2253644_3]**  Restructuring costs for Q3 2025 were **$9.6 million**, bringing the year-to-date total to **$22 million**, with management indicating this is an "early innings" and potentially multi-year process.  **[0001174169_2253644_5]**

Algonquin Power & Utilities Corp. Reports Strong Q3 2025 Financial Results and Announces New CFO

- Algonquin Power & Utilities Corp. announced that **Robert Stefani** will join as Chief Financial Officer, effective **January 5, 2026**.  **[0001174169_2250077_1]** 
- For Q3 2025, adjusted net earnings from continuing operations increased **10%** year-over-year to **$71.7 million**, and adjusted net earnings per share rose **13%** to **$0.09**.  **[0001174169_2250077_3]** 
- The company's **2025 financial outlook remains unchanged**.  **[0001174169_2250077_1]** **[0001174169_2250077_3]** 
- Regulatory progress includes the approval of the **Energy North rate case settlement**, with other rate cases pending or in progress, representing a combined total of **$326.4 million** in pending rate requests.  **[0001174169_2250077_1]** 
- The company is focused on a **pure-play regulated utility strategy** and continues **cost-cutting measures**, reporting **$9.6 million** in restructuring costs for Q3 2025.  **[0001174169_2250077_1]** **[0001174169_2250077_2]** **[0001174169_2250077_4]**

AQN Announces Q3 2025 Results and New CFO

- Algonquin Power & Utilities Corp. reported strong **Q3 2025 financial results**, with adjusted net earnings from continuing operations increasing **10%** to **$71.7 million** and adjusted net earnings per share rising **13%** to **$0.09** year-over-year.  **[0001174169_2253749_3]**  The **2025 financial outlook remains unchanged**.  **[0001174169_2253749_3]** 
- **Robert Stefani** will join as the new Chief Financial Officer effective **January 5, 2026**.  **[0001174169_2253749_1]** 
- The company is actively engaged in several **regulatory proceedings**, including an approved Energy North rate case settlement, a pending Cal Pico settlement, and ongoing work on an Empire Electric settlement.  **[0001174169_2253749_1]**  Combined rate requests for the New England natural gas and Litchfield Park cases total **$73.6 million** out of **$326.4 million** in total pending rate requests.  **[0001174169_2253749_1]** 
- **Cost-cutting measures** contributed positively to the quarter, with Q3 restructuring costs at **$9.6 million** and year-to-date at **$22 million**.  **[0001174169_2253749_3]** **[0001174169_2253749_5]**  Management expects some reversal of operating expense timing in Q4, noting that restructuring efforts are in their "early innings".  **[0001174169_2253749_3]** **[0001174169_2253749_5]**

Algonquin Power & Utilities Corp. Reports Strong Q3 2025 Results and Announces New CFO

- Algonquin Power & Utilities Corp. (AQN) reported **Adjusted Net Earnings of $71.7 million** for the third quarter ended September 30, 2025, an increase of **10%** compared to the same period in 2024, with **Adjusted Net Earnings per common share of $0.09**.  **[1174169_0001174169-25-000050_ex-995q32025earningspressr.htm:0]** 
- The company announced the appointment of **Robert Stefani as Chief Financial Officer**, effective **January 5, 2026**.  **[1174169_0001174169-25-000050_ex-995q32025earningspressr.htm:0]** 
- The **Regulated Services Group's net earnings increased by 61%** for the three months ended September 30, 2025, driven by the implementation of approved rates, favorable weather, and lower operating expenses.  **[1174169_0001174169-25-000050_ex-995q32025earningspressr.htm:1]** **[1174169_0001174169-25-000050_a2025q3-exhibit992xmda.htm:11]** 
- The completion of the **renewables business sale on January 8, 2025**, for approximately **$2.1 billion** in proceeds, along with the sale of Atlantica in Q4 2024, contributed to reductions in interest expenses through debt repayment.  **[1174169_0001174169-25-000050_a2025q3-exhibit992xmda.htm:1]** **[1174169_0001174169-25-000050_a2025q3-ex991xfinancialsta.htm:9]** **[1174169_0001174169-25-000050_a2025q3-exhibit992xmda.htm:11]** **[1174169_0001174169-25-000050_a2025q3-exhibit992xmda.htm:12]**

Algonquin Power & Utilities Corp. Reports Q3 2025 Financial Results and Announces CFO Appointment

- Algonquin Power & Utilities Corp. reported strong third-quarter financial results with **adjusted earnings per share of $0.09**, surpassing analysts' expectations, and **revenue of $582.7 million**, which slightly missed estimates.  **[1174169_74ffbd7a8e004d27bdd26412e45f0239]** 
- The company has **maintained its quarterly dividend at $0.065 per share**, providing a forward yield of approximately **4.55%**, with the next payment scheduled for **January 15, 2026**.  **[1174169_74ffbd7a8e004d27bdd26412e45f0239]** 
- Despite a year-to-date stock gain of about **28.5%**, Algonquin faces **profitability challenges**, including a negative net margin and an Altman Z-Score signaling financial distress risk, leading to investor caution regarding dividend security.  **[1174169_74ffbd7a8e004d27bdd26412e45f0239]** 
- Algonquin is strategically focusing on its **regulated utilities business** following the divestment of its renewable-energy segment in January 2025, and recently appointed **Robert Stefani as its new CFO**.  **[1174169_74ffbd7a8e004d27bdd26412e45f0239]**

ALGONQUIN POWER & UTILITIES (AQN)