HOUSTON (AP) — HOUSTON (AP) — Sunnova Energy International Inc. (NOVA) on Wednesday reported a loss of $122.6 million in its third quarter.
The Houston-based company said it had a loss of 98 cents per share.
The results did not meet Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for a loss of 53 cents per share.
The residential solar company posted revenue of $235.3 million in the period, which also missed Street forecasts. Nine analysts surveyed by Zacks expected $241.2 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NOVA at https://www.zacks.com/ap/NOVA
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
