JinkoSolar Holding (JKS) said Tuesday it’s signed a deal to supply solar modules to residential installer Vivint Solar, which is expanding into the commercial market. Vivint Solar (VSLR) said in a press release that the partnership will help it grow. Last year, Vivint installed 1.2 gigawatts, marking the third consecutive year that its annual installations rose more than 50%. Lehi, Utah-based Vivint Solar announced last week a strategic
Vivint Solar (VSLR) stock plunged Wednesday after the solar panel installer’s Q1 earnings missed analyst expectations and it guided revenue for the current quarter below estimates. The Lehi, Utah-based residential solar installer late Tuesday said Q1 revenue soared 173% from the year-earlier quarter to $9.55 million, beating Wall Street estimates. But Vivint Solar’s per-share loss minus items of 57 cents was far above the 38-cent loss expected by
Vivint Solar (VSLR), a residential solar panel installer, reported a much-wider-than-expected Q3 loss even as revenue growth topped estimates. Vivint lost 66 cents a share in Q3 excluding various items, far worse than the 27-cent loss expected. Revenue shot up 266% — more than expected — though the $8.3 million total remains relatively modest. The company sees Q4 revenue of $5.5 million to $6.5 million — roughly triple a year earlier — but far