Highpower International (HPJ) Reports Q3 EPS of $0.32

Highpower International (NASDAQ: HPJ) reported Q3 EPS of $0.32, versus $0.18 reported last year. Revenue for the quarter came in at $71.4 million, versus $54.1 million reported last year.

Guidance:

"For the fourth quarter of 2017, the Company expects net revenues to grow 12.0% year-over-year. Factoring in the impact of higher expected raw material prices, gross margin is expected to be between 16.0% and 17.0% in the fourth quarter of 2017. For full year 2018, the Company expects net revenues to grow at least 20.0% compared to 2017 and gross margin levels to exceed that of the fourth quarter of 2017."

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

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