One Of America's Largest Solar Operators Is Surging
Advertisement
Shares in SunEdison, one of America's largest solar panel systems operators, were up as much as 12% today after reporting an unexpected quarterly profit Thursday.
Advertisement
The Missouri-based company also said its project pipeline increased 19%. They recently announced the acquisition of the largest solar plant in Colorado.
The firm posted adjusted Q2 profits of $33.7 million, or 12 cents a share for the quarter ended against an expected loss of 26 cents according to a Bloomberg survey.
SolarCity, which reports after the bell Thursday, were up about 4% heading into the close.
Advertisement
- A centenarian who starts her day with gentle exercise and loves walks shares 5 longevity tips, including staying single
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- FSSAI in process of collecting pan-India samples of Nestle's Cerelac baby cereals: CEO
- 7 Nutritious and flavourful tiffin ideas to pack for school
- India's e-commerce market set to skyrocket as the country's digital economy surges to USD 1 Trillion by 2030
- Top 5 places to visit near Rishikesh
- Indian economy remains in bright spot: Ministry of Finance
- A surprise visit: Tesla CEO Elon Musk heads to China after deferring India visit