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

Netflix (NFLX): Four reasons why this leader will not be easy to overthrow

Netflix (NASDAQ: NFLX) has for long been the undisputed king of the streaming space. The streaming industry is seeing massive growth with several new players entering the field. It also

Fastenal (FAST) sees strong post-COVID prospects: Is the stock a buy?

The demand for services that involve minimal human interaction is on the rise as people continue to practice social distancing. Fastenal Co. (NASDAQ: FAST), a market-leading supplier of vending machines,

HEXO Corp. (HEXO) Earnings: 3Q21 Key Numbers

HEXO Corp. (NYSE: HEXO) reported its third-quarter 2021 earnings results today. Net revenue rose 2% year-over-year to CAD22.6 million. Net loss narrowed to CAD20.7 million from a loss of CAD19.5

Tags

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