$50.4 million in Revenue for the nine month period $5.5 million of Net Income for the nine month period or $0.20 per share (undiluted) Update revenue guidance of $56 million to $61 million for the full fiscal year ended June 30, 2024 TORONTO, May 14, 2024 /CNW/ - SolarBank Corporation (NASDAQ:SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") reports third quarter 2024 interim financial results. All financial figures are in Canadian dollars and in accordance with International Financial Reporting Standards (IFRS) as presented in the interim consolidated financial statements. Fiscal Year to Date Highlights (All Amounts are for the Nine Month Period) Revenue of $50.4 million: Net income of $5.5 million; Net income of $0.20 per share (undiluted); $41 million USD transaction with Honeywell International Inc. ("Honeywell") sees mechanical completion reached on the SB-1, SB-2 and SB-3 Community Solar Projects acquired by Honeywell. The projects are being constructed under an engineering, procurement, and construction ("EPC") Contract with SolarBank; Nasdaq Global Market listing completed; and Cboe Canada stock exchange listing completed. Dr. Richard Lu, President and CEO of SolarBank commented: "The fantastic numbers demonstrated again our ability to execute and in nine months we have already exceeded the top end of the Company's revenue guidance for fiscal 2024. With major milestones such as mechanical completion on the Honeywell projects, Nasdaq Global Market listing and Cboe Canada listing, the Company is continuing to deliver." Summary of Quarterly Results (All Amounts are for the Nine Month Period) Quarter Ended March 31, 2024 March 31, 2023 Statement of Income and Comprehensive Income Total Revenue $            50,400,013 $              9,152,242 Cash flow from operating activities $            10,929,336 $              4,653,394 Net income $              5,522,702 $              3,426,589 Basic earnings per share $                       0.20 $                       0.13 Diluted earnings per share $                       0.15 $                ...