Atlas Reports Fourth Quarter and Full Year 2020 Results
News provided by
Share this article
(1) of gross contracted cash flows since November 2020
Revenue Growth of 25.9% in Q4 and 25.6% in FY2020
Funds from Operations Growth of 45.2% in Q4 and 65.8% in FY2020
Adjusted EBITDA Growth of 32.0% in Q4 and 29.3% in FY2020
Atlas Recognizes Asset Impairment driven by Legacy Technologies in APR Energy
Atlas Corp.
Financial Performance:
Revenue growth of 25.9% to $362.7 million and 25.6% to a record of $1,421.1 million for the quarter and year ended December 31, 2020, respectively, compared to the same periods in 2019
Funds From Operations ("FFO")
(2) growth of 45.2% to $162.8 million and 65.8% to a record of $622.3 million for the quarter and year ended December 31, 2020, respectively, compared to the same periods in 2019