Vivint Solar Spends To Grow, Stock Down On Q1 Miss

By | May 13, 2015

Scalper1 News

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 Scalper1 News

Scalper1 News