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Friday, March 17, 2017 12:10:56 PM
Vivint Solar (VSLR +8.1%) surges higher after Q4 results include a smaller than expected loss for the third straight quarter and a ~160% Y/Y revenue increase.
VSLR says it installed 47 MW during Q4, its lowest level since Q1 2015, and forecasts 43-46 MW in installations for Q1 2017, but 57 MW booked during Q4 means its backlog is growing, and the company expects installations to increase during the summer months.
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