Hanwha Q CELLS Reports Second Quarter 2018 Results

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Hanwha Q CELLS (HQCL) Reports Q2 Loss of $0.50, Revenues Beat

August 13, 2018 8:26 AM EDT

Hanwha Q CELLS (NASDAQ: HQCL) reported Q2 EPS of ($0.50), versus $0.11 reported last year. Revenue for the quarter came in at $518.4 million versus the consensus estimate of $500.3 million.

Net revenues were $518.4 million, compared with $443.0 million in the first quarter of 2018 and $577.7 million in the second quarter of 2017.Gross margin was 14.0%, compared with 17.8% in the first quarter of 2018 and 11.6% in the second quarter of 2017.Operating income was $4.8... More