Vivint Solar Tumbles As Installer’s Loss Widens

By | November 11, 2014

Scalper1 News

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 Scalper1 News

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