ReneSola Announces First Quarter 2017 Results

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ReneSola (SOL) Misses Q1 EPS by 8c, Sales Beat

June 15, 2017 7:47 AM EDT

ReneSola (NYSE: SOL) reported Q1 EPS of ($1.16), $0.08 worse than the analyst estimate of ($1.08). Revenue for the quarter came in at $156.6 million versus the consensus estimate of $143.76 million.

Revenue of $156.6 million exceeded the high end of the guidance range of $130 million to $150 million;Gross margin was 1.1%, compared to... More