Categories Earnings, Energy

Vivint Solar (VSLR) Q4 2019 Earnings Snapshot

— Vivint Solar (NYSE: VSLR) reported a loss of $1.02 per share for its fourth quarter of 2019 vs. expected loss of $0.17 per share.

— Revenue rose by 21% to $77 million vs. $88.15 million expected.

solar power
Photo by Mariana Proença on Unsplash

— The company installed approximately 66 MWs, up 22% year-over-year. Total cumulative MWs installed were approximately 1,294 MWs.

— Cost per Watt was $3.54. Installations were 9,558 for the quarter, up 24% year-over-year. Cumulative installations were 188,291.

— For the first quarter of 2020, Vivint Solar expects MW installed to be between 57 MWs and 60 MWs and cost per Watt in the range of $3.68 to $3.75.

— VSLR stock slumped about 10% during the extended-hours.

We’re on Flipboard! Follow us to receive the latest stock market, earnings, and financial news at your fingertips

Most Popular

What to expect when eBay (EBAY) reports Q4 2023 earnings

Shares of eBay Inc. (NASDAQ: EBAY) stayed red on Tuesday. The stock has gained 9% over the past three months. The ecommerce company is scheduled to report its earnings results

Earnings: Walmart (WMT) Q4 results beat estimates; revenues up 5.7%

Retail giant Walmart Inc. (NYSE: WMT) on Tuesday reported higher adjusted earnings and revenue for the fourth quarter of 2024. The numbers also came in above the consensus estimates. Fourth-quarter

Home Depot (HD) Q4 2023 Earnings: Key financials and quarterly highlights

Home Depot (NYSE: HD) reported fourth quarter 2023 earnings results today. Sales were $34.8 billion, down 2.9% from the same quarter a year ago. Comparable sales decreased 3.5%.  Net earnings were $2.8

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top