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UPDATE: SunEdison Posts Q3 Net Loss

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SunEdison (NYSE: SUNE) posted a loss in the third quarter and lowered its full-year sales outlook.

SunEdison posted a quarterly net loss of $108 million, or $0.47 per share, versus a year-ago profit of $37 million, or $0.16 per share. Excluding one-time items, SunEdison broke even in the latest quarter. However, analysts were projecting a loss of $0.12 per share.

SunEdison shares gained 2.89% to $10.68 in pre-market trading.

Posted-In: lossEarnings News Guidance

 

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