Azure Power (AZRE) Tops Q1 EPS by 5c

Azure Power (NYSE: AZRE) reported Q1 EPS of $0.00, $0.05 better than the analyst estimate of ($0.05). Revenue for the quarter came in at $35.4 million versus the consensus estimate of $35.85 million.

Guidance for Fiscal Year 2019

The following statements are based on current expectations. These statements are forward-looking and actual results may differ materially. The Company continues to expect to have 1,300 – 1,400 MWs operational by March 31, 2019 and revenue between US$143 – 151 million for fiscal year ending March 31, 2019.

For earnings history and earnings-related data on Azure Power (AZRE) click here.

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