Vivint Solar, Inc. announced unaudited consolidated earnings and operating Results for the first quarter ended March 31, 2018. For the quarter, the company reported total revenue of $68,250,000 against $53,114,000 a year ago. Loss from operations was $28,080,000 against $31,054,000 a year ago. Loss before income taxes was $42,741,000 against $46,051,000 a year ago. Net loss attributable to common stockholders was $12,976,000 against income of $13,292,000 a year ago. Diluted loss per share was $0.11 against income of $0.11 a year ago. Net cash used in operating activities was $14,171,000 against net cash provided by operating activities of $3,398,000 a year ago. Payments for the cost of solar energy systems were $72,208,000 against $75,140,000 a year ago. Payments for property and equipment were $40,000 against $278,000 a year ago. Non-GAAP net loss was $61,384,000 or $0.53 per share against $55,452,000 or $0.50 per share a year ago.

The company reported MW Booked of approximately 52 MWs for the quarter. MW Installed of approximately 40 MWs for the quarter. Installations were 5,813 for the quarter.

For the second quarter of 2018, the company expects MW installed of 45 MWs to 48 MWs.