Close

Highpower International (HPJ) Tops Q3 EPS by 2c, Revenue Light, Maintains FY14 Revenue Guidance

November 12, 2014 7:57 AM EST

Highpower International (NASDAQ: HPJ) reported Q3 EPS of $0.15, $0.02 better than the analyst estimate of $0.13. Revenue for the quarter came in at $44.47 million versus the consensus estimate of $47.64 million.

Highpower International sees FY2014 revenue of $150-170 million, versus the consensus of $161.43 million.

"Based on current expectations for global demand in the rechargeable battery market in 2014 and the continued shift toward mobile power sources, higher-value energy storage systems and transportation products, the Company reiterates the 2014 guidance of revenues of between $150 million to $170 million, and non-GAAP net income of between $2.5 million and $4.0 million, and net income of between $1.5 million and $3.0 million."

For earnings history and earnings-related data on Highpower International (HPJ) click here.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Earnings, Guidance

Related Entities

Earnings