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Polaris Infrastructure posts lower Q2'19 results

Polaris Infrastructure Inc. on Aug. 8 reported second-quarter 2019 adjusted EBITDA of $14.5 million, compared to $15.1 million in the comparable period of 2018.

Loss attributable to owners of the company totaled $6.7 million, or a loss of 40 cents per share, from earnings of $3.9 million, or 25 cents per share, in the 2018 second quarter.

Second-quarter revenue was $17.3 million, compared to $17.7 million in the second quarter of 2018.

The Toronto-headquartered company engages in the operation, acquisition and development of renewable energy projects in Latin America.