Investing.com - Solaria reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Solaria announced earnings per share of €0.190 on revenue of €35.47M. Analysts polled by Investing.com anticipated EPS of €0.107 on revenue of €42.54M.
Solaria shares are down 42.46% from the beginning of the year, still down 31.40% from its 52 week high of €24.65 set on August 24.
Solaria shares lost 1.71% in intra-day trade following the report.
Solaria follows other major Utilities sector earnings this month
Solaria's report follows an earnings missed by Endesa on September 9, who reported EPS of €0.4 on revenue of €5.35B, compared to forecasts EPS of €0.4081 on revenue of €5.35B.
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