TerraForm Power: 3Q Earnings Snapshot
NEW YORK (AP) _ TerraForm Power Inc. (TERP) on Monday reported a loss of $54.8 million in its third quarter.
On a per-share basis, the New York-based company said it had a loss of 26 cents. Losses, adjusted to extinguish debt and for costs related to mergers and acquisitions, were 25 cents per share.
The owner of clean power assets posted revenue of $253.8 million in the period.
TerraForm Power shares have climbed 36% since the beginning of the year. The stock has increased 38% in the last 12 months.