Revolve Group, Inc. (NYSE:RVLV ) Q4 2024 Earnings Conference Call February 25, 2025 4:30 PM ET Company Participants Erik Randerson – Vice President-Investor Relations Mike Karanikolas – Co-Founder and Co-Chief Executive Officer Michael Mente – Co-Founder and Co-Chief Executive Officer Jesse Timmermans – Chief Financial Officer Conference Call Participants Randy Konik – Jefferies Oliver Chen – TD Cowen Jim Duffy – Stifel Nathan Feather – Morgan Stanley Michael Binetti – Evercore ISI Mark Altschwager – Baird Anna Andreeva – Piper Sandler Jay Sole – UBS Dylan Carden – William Blair Ashley Owens – KeyBanc Capital Markets Lorraine Hutchinson – Bank of America Janine Stichter – BTIG Matt Koranda – Roth Capital Simeon Siegel – BMO Capital Markets Operator Hello. My name is Sarah, and I will be your conference operator today.
While the top- and bottom-line numbers for Revolve Group (RVLV) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Revolve Group (RVLV) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.05 per share a year ago.
Revolve Group (RVLV) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Revolve to generate long term recurring revenue under 15-year power purchase agreement VANCOUVER, BC / ACCESSWIRE / January 15, 2025 / Revolve Renewable Power Corp. (TSXV:REVV)(OTCQB:REVVF) ("Revolve" or the "Company"), a North American owner, operator and developer of renewable energy projects, is pleased to announce construction and commissioning is now complete at the 451-kilowatt ("kW") Colima Solar Project located in Mexico (the "Colima Project"). The Colima Project is now operating and generating clean, renewable energy for a commercial customer located in Colima, Mexico.
VANCOUVER, BC / ACCESSWIRE / January 6, 2025 / Revolve Renewable Power Corp. (TSXV:REVV)(OTCQB:REVVF) ("Revolve" or the "Company"), a North American owner, operator and developer of renewable energy projects, is pleased to announce the closing of an Account Performance Security Guarantee ("APSG") facility of US$2,900,000 with Export Development Canada ("EDC"). The APSG facility, which closed on December 13, 2024, is being provided in support of an interconnection financial security for the Primus Wind Project in the United States in the amount of US$2,546,502 and a performance security connected to the Tamihi Creek Hydro Project in British Columbia in the amount of CA$175,000.
VANCOUVER, BC / ACCESSWIRE / December 18, 2024 / Revolve Renewable Power Corp. (TSXV:REVV)(OTCQB:REVVF) ("Revolve" or the "Company"), a North American owner, operator and developer of renewable energy projects, announces the grant of Deferred Share Units ("DSUs") to the Company's directors effective December 16, 2024. A total of 300,957 DSUs have been granted under the Company's Deferred Share Unit Plan adopted on July 6, 2022.
VANCOUVER, BC / ACCESSWIRE / December 5, 2024 / Revolve Renewable Power Corp. (TSXV:REVV)(OTCQB:REVVF) ("Revolve" or the "Company"), a North American owner, operator and developer of renewable energy projects, is pleased to announce the results of its Annual and Special General Meeting ("ASGM") of shareholders. The Company elected eight directors to the board, namely, Steve Dalton, Omar Bojorquez, Roger Norwich, Joseph O'Farrell, Susan Shaw, Jonathan Clare, JP Maguire and Craig Lindsay.
Recurring revenue increases 310% based on increased energy generation VANCOUVER, BC / ACCESSWIRE / November 27, 2024 / Revolve Renewable Power Corp. (TSXV:REVV)(OTCQB:REVVF) ("Revolve" or the "Company"), a North American owner, operator and developer of renewable energy projects, reported its financial results for the three months ended September 30, 2024 (Q1 FY2025). This earnings release should be read in conjunction with the Company's consolidated financial statements and management's discussion and analysis, which are available on the Company's website at www.revolve-renewablepower.com and have been posted on SEDAR+ at www.sedarplus.ca.
Revolve Group (RVLV) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Solar project adds to growing development and operational project pipeline in Canada VANCOUVER, BC / ACCESSWIRE / November 26, 2024 / Revolve Renewable Power Corp. (TSXV:REVV)(OTCQB:REVVF) ("Revolve" or the "Company"), a North American owner, operator and developer of renewable energy projects, is pleased to announce it has completed the acquisition of a 30 megawatt ("MW") mid-stage development solar project in Alberta, Canada (the "Project"). The Project acquisition, first announced on September 16, 2024, is now complete and the Company is advancing the required permitting and interconnection process.
The price keeps rising, but the valuation still looks reasonable.