SunEdison’s quarterly revenues came in at $455m – up 41% on the first quarter, and an increase of 6% on the same quarter last year, as it completed a record-high 404MW of renewables capacity.
But investors were spooked by the company’s expanding red ink and heavy debt load, which follows its year-long frenzy of acquisitions, deal-making and IPOs.
SunEdison’s loss per share clocked in at a worse-than-expected $0.89,
