ReneSola Announces First Quarter 2018 Results

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Go back to ReneSola Announces First Quarter 2018 Results

ReneSola (SOL) Reports In-Line Q1 EPS, Revenues Beat; Offers Outlook

June 20, 2018 6:33 AM EDT

ReneSola (NYSE: SOL) reported Q1 EPS of $0.01, in-line with the analyst estimate of $0.01. Revenue for the quarter came in at $44.8 million versus the consensus estimate of $29.8 million.

Mr. Xianshou Li, ReneSola's Chief Executive Officer, commented, "We started 2018 with solid performance across our business as a result of continued strong execution of our strategy. First quarter revenue exceeded our expectations and operating margin expanded... More