Azure Power Announces Results for Fiscal Second Quarter 2019

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Azure Power (AZRE) Misses Q2 EPS by 4c, Revenues Miss; Maintains FY19 Revenue Guidance Above Consensus

November 13, 2018 4:32 PM EST

Azure Power (NYSE: AZRE) reported Q2 EPS of ($0.16), $0.04 worse than the analyst estimate of ($0.12). Revenue for the quarter came in at $30.7 million versus the consensus estimate of $33.09 million.

Operating Megawatts (MW) were 1,018 MW as of September 30, 2018, an increase of 27% over September 30, 2017.Operating &... More