UPDATE: Oppenheimer Upgrades Vivint Solar (VSLR) to Outperform
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Vivint Solar Announces Second Quarter 2016 Financial Results
August 8, 2016 4:02 PM EDTLEHI, Utah, Aug. 8, 2016 /PRNewswire/ --Â Vivint Solar (NYSE: VSLR), today announced financial results for the second quarter ended June 30, 2016.
Second Quarter 2016 Operating Highlights
Key operating and development highlights for the quarter ended June 30, 2016 include:
MW Booked of approximately 74 MWs for the quarter, approximately flat year-over-year. MW Installed of approximately 61 MWs, down 6% year-over-year. Total cumulative MWs installed were approximately 575 MWs. Installations were 8,641 for the quarter, down 7% year-over-year. Cumulative installations... More