SunEdison’s Surprise Q2 Earnings Send Stock Soaring

By | August 7, 2014

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Solar developer SunEdison (SUNE) surprised Wall Street Thursday when it reported strong Q2 earnings and a robust project pipeline, sending shares soaring. SunEdison reported earnings per share minus items of 12 cents as revenue swelled 61% to $646.2 million. Analysts polled by Thomson Reuters had expected a per-share loss of 28 cents and $571.8 million in revenue. In a company conference call with analysts, SunEdison said it completed more Scalper1 News

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