Home Tags Rasesh Patel

Tag: Rasesh Patel

NRG quarterly performance points to accelerating integration of smart home services into commercial operations

November 3, 2023Ken Showers, Managing Editor

HOUSTON – During its third fiscal quarter financial results webcast NRG Energy revealed new guidance for 2024 above the initial investor day plan and has been hastening its integration of Vivint's smart home offerings into its commercial operations. The company reported a third quarter 2023 Net Income of $343 million. Adjusted EBITDA for the third quarter was $973 million, Cash Provided by Operating Activities was $566 million, and Free Cash Flow Before Growth Investments...

Elliott Management, Mauricio Gutierrez, NRG Energy, Rasesh Patel, SkyBell Technologies, smart home, Third Quarter (Q3)