Tag Archives: terp

SunEdison Misses Q2 Forecast, Hits Seven-Month Low

SunEdison (SUNE) stock hit a seven-month low Thursday after the solar panel manufacturer posted a bigger Q2 loss than Wall Street had forecast. In Q2, SunEdison had revenue of $455 million and per-share losses of 93 cents. Its yieldco, TerraForm (TERP), accounted for $130 million of that revenue and 10 cents EPS. Nine analysts polled by Thomson Reuters saw SunEdison on average posting per-share losses of only 55 cents. On the other hand, SunEdison

SunEdison Misses Q2 Forecast, Hits Six-Month Low

SunEdison (SUNE) stock hit a seven-month low Thursday after the solar panel manufacturer posted a bigger Q2 loss than Wall Street had forecast. In Q2, SunEdison had revenue of $455 million and per-share losses of 93 cents. Its yieldco, TerraForm (TERP), accounted for $130 million of that revenue and 10 cents EPS. Nine analysts polled by Thomson Reuters saw SunEdison on average posting per-share losses of only 55 cents. On the other hand, SunEdison

SunEdison, TerraForm To Buy First Wind; Shares Soar

SunEdison (SUNE) and TerraForm Power announced late Monday a deal to pay up to $2.4 billion to acquire wind energy company First Wind, sending shares of SunEdison and TerraForm Power soaring on Tuesday. SunEdison stock was up 24% in midday trading in the stock market today, near 20.50. TerraForm Power (TERP) stock was up 29%, at a four-month high above 33. St. Peters, Mo.-based SunEdison develops and operates utility-scale solar power plants and