Azure Power (AZRE) Reports Q4 Loss of $0.20/Share
Azure Power (NYSE: AZRE) reported Q4 EPS of ($0.20), versus ($1.72) reported last year. Revenue for the quarter came in at $20.3 million versus the consensus estimate of $21.24 million.
The following statements are based on current expectations. These statements are forward-looking and actual results may differ materially. The Company is giving revenue guidance for fiscal year 2018 ending March 31, 2018 of US$ 118 – 125 million. In addition, the Company expects that 1,000 – 1,200 MWs will be operational by March 31, 2018.
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