HOUSTON (AP) — HOUSTON (AP) — Sunnova Energy International Inc. (NOVA) on Wednesday reported a loss of $86.1 million in its second quarter.
The Houston-based company said it had a loss of 74 cents per share.
The results fell short of Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for a loss of 45 cents per share.
The residential solar company posted revenue of $166.4 million in the period, also falling short of Street forecasts. Twelve analysts surveyed by Zacks expected $184.8 million.
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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