SolarCity Stock Down 26% on Weak Guidance, Vivint Free of SunEdison, SolarEdge Still Strong

By [email protected] It’s been a difficult day for the stocks of residential solar installers and financiers.

SolarCity posts larger-than-expected loss

SolarCity had strong revenue but shares fell after the leading solar installer/financier posted a larger-than-expected loss for the first quarter of 2016, while forecasting a disappointing guidance.

Revenue of $122.6 million beat estimates of $109 million and was up 82 percent over the same quarter last year

SolarCity installed 214 megawatts of solar in Q1, exceeding guidance of 180 megawatts and up 40 percent year-over-year

But bookings were down a lot, a trend attributed to regulatory uncertainty

The leading residential solar installer cut 2016 installation guidance (1

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