Hanwha Q CELLS Reports First Quarter 2018 Results

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Hanwha Q CELLS (HQCL) Reports Q1 EPS of $0.37, Revenues Beat; Offers 2Q Revenue Outlook Below Consensus

May 14, 2018 7:03 AM EDT

Hanwha Q CELLS (NASDAQ: HQCL) reported Q1 EPS of $0.37, versus $0.14 reported last year. Revenue for the quarter came in at $443 million versus the consensus estimate of $438.4 million.

First Quarter 2018 Highlights

Net revenues were $443.0 million, compared with $636.2 million in the fourth quarter of 2017 and $432.0 million in the first quarter of 2017.Gross margin was 17.8%, compared with 8.6%... More