Trina Solar (TSL) Tops Q1 EPS by 7c
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Trina Solar Announces First Quarter 2016 Results
May 26, 2016 7:00 AM EDTCHANGZHOU, China, May 26, 2016 /PRNewswire/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced its unaudited financial results for the quarter ended March 31, 2016.
First Quarter 2016 Financial and Operating Highlights
Total module shipments were 1,423.3 MW, consisting of 1,370.4 MW of external shipments and 52.9 MW of shipments to the Company's own downstream power projects. Total module shipments decreased 19.9% sequentially and increased 38.7% year-over-year. Net revenues were $816.9 million, a decrease of 15.1% from the fourth quarter of 2015... More