TerraForm Power (TERP) Misses Q1 EPS by 19c, Revenues Miss
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TerraForm Power Reports First Quarter 2020 Results
May 11, 2020 6:51 AM EDTNEW YORK, May 11, 2020 (GLOBE NEWSWIRE) -- TerraForm Power, Inc. (Nasdaq: TERP) (TerraForm Power) today reported financial results for the quarter ended March 31, 2020.
Recent Highlights
Net (Loss) Income attributable to Class A shareholders, Adjusted EBITDA and CAFD of $(55) million, $180 million and $20 million, respectively, for the first quarter of 2020. This represents an increase in Net (Loss) Income attributable to Class A shareholders of $(46) million, an increase in Adjusted EBITDA of $2 million and a decrease in CAFD of $24 million, compared to the first quarter of... More