10.11.2015 13:39:38

SunEdison Q3 Loss Per Share Narrows

(RTTNews) - SunEdison Inc. (SUNE) Tuesday reported a narrower net loss per share attributable to the company as revenue edged up from the prior year.

Looking ahead the company said it expects fourth quarter total megawatt production in a range of 833 to 933, while retained megawatt is projected to be 515 to 590. Third part sale megawatt is expected to be in a range of 318 to 342.

For the for the full year 2015, the company expects total megawatt of 2150 to 2250 and retained megawatt of 1610 to 1685. Third party sales for the full year is expected to be 540 to 565 megawatt.

For the third quarter, the company reported a wider net loss attributable to the company to $284 million, compared to a loss of $283 million last year. On a per share basis, loss was $0.91 compared to $1.06 last year.

Net sales for the quarter, increased to $476 million from $469 million in the prior year.

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