Sunnova Energy International stock was surging Thursday after the solar-panel company said it won’t need to raise corporate capital for fiscal 2024.
Sunnova reported a third-quarter loss of 53 cents a share from revenue of $198.4 million. Analysts surveyed by FactSet were expecting the company to post a loss of 33 cents a share from revenue of $205 million. “Sunnova remains resilient despite the challenging market dynamics marked by higher interest rates and concerns about overall residential solar growth,” CEO John Berger said on the company’s conference call.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock Market Today: Dow, S&P 500 Open Lower; Alphabet Stock Price FallsLive updates on what's moving markets, including stocks the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite
Source: WSJ - 🏆 98. / 63 Read more »
Stock Market News Today: Dow, Nasdaq Slip; Alphabet Stock Price FallsLive updates on what's moving markets, including stocks the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite
Source: WSJ - 🏆 98. / 63 Read more »
Stock Market News Today: Nasdaq Falls 300 Points; Alphabet Stock Price Falls After EarningsLive updates on what's moving markets, including stocks the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite
Source: WSJ - 🏆 98. / 63 Read more »
Stock Market News Today: Dow Opens Higher, Meta Stock Price Falls; Amazon Earnings in FocusLive updates on what's moving markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Source: WSJ - 🏆 98. / 63 Read more »
Mattel Stock Falls After Beat-and-Raise EarningsDoll sales grew 24% year over year in the latest quarter, the company said.
Source: MarketWatch - 🏆 3. / 97 Read more »