Sunnova Energy: Q2 Earnings Snapshot
By AP News
Published - Aug 01, 2024, 01:47 AM ET
Last Updated - Aug 01, 2024, 01:47 AM EDT
HOUSTON (AP) — HOUSTON (AP) — Sunnova Energy International Inc. (NOVA) on Wednesday reported a loss of $33.1 million in its second quarter.
On a per-share basis, the Houston-based company said it had a loss of 27 cents.
The results exceeded Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for a loss of 54 cents per share.
The residential solar company posted revenue of $219.6 million in the period, also surpassing Street forecasts. Ten analysts surveyed by Zacks expected $216.8 million.
