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Stockreport

ReneSola qtrly loss per share $0.12 [Reuters]

RENESOLA (SOL)  More Company Research Source: Reuters
Last renesola earnings: 6/15 07:45 am Check Earnings Report
US:NYSE Investor Relations: ir.renesolapower.com
PDF 7:45am EDT   June 15 (Reuters) - ReneSola Ltd ::ReneSola announces first quarter 2017 results.Sees FY 2017 revenue $900 million to $1.0 billion.Q1 revenue fell 32.5 percent to $156.6 million.Sees Q2 2017 revenue $180 million to $200 million.ReneSola Ltd qtrly gross margin was 1.1%, compared to 2.1% in q4 2016 and 17.1% in q1 2016.Says for Q2 of 2017, expects downstream project sales to increase when compared to Q1 of 2017.ReneSola Ltd - qtrly loss per share $0.12.ReneSola - ?currently has over 270 mw project pipelines under construction, plans to construct over an aggregate of 550 mw of projects in year of 2017?.ReneSola Ltd - ?during construction phase, projects will be financed by construction loans, as well as installment payments from buyers?.ReneSola Ltd - qtrly loss per ADS $1.16.ReneSola Ltd - ?during Q1, total external module shipments were 266.8 mw, down 19.3% from Q4 2016?.ReneSola Ltd qtrly ?total wafer shipments were 259.2 mw, down 15.3% from Q4 2016 and down 26. [Read more]

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