24/7 Wall St.
06-06-2008, 09:30 AM
24/7 Wall St. Daily News
Trina Solar Limited (NYSE: TSL) has just posted its quarterly earnings report. The solar player posted net revenues increased to $120.7 million, up 183.6% year-over-year and 19.0% sequentially; while net income was $12.9 million and earnings per fully-diluted ADS was $0.51. First call estimates were $0.48 EPS on $116.9 million in revenues. Gross margin was 25.8% and Operating margin was 16.7%. Solar module shipments were 29.49 MW, up 180.3% from 10.52 MW in the Q1-2007 and up 23.3% Q4-2007. In the second Quarter the company expects to ship between 43 MW and 45 MW of PV modules and has revenues... http://feeds.feedburner.com/~f/typepad/RyNm?i=eK2eyI</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=eK2eyI) http://feeds.feedburner.com/~f/typepad/RyNm?i=VjpDzI</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=VjpDzI) http://feeds.feedburner.com/~f/typepad/RyNm?i=URkjJi</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=URkjJi)
complete story here... (http://www.247wallst.com/2008/06/trina-solar-bea.html)
Trina Solar Limited (NYSE: TSL) has just posted its quarterly earnings report. The solar player posted net revenues increased to $120.7 million, up 183.6% year-over-year and 19.0% sequentially; while net income was $12.9 million and earnings per fully-diluted ADS was $0.51. First call estimates were $0.48 EPS on $116.9 million in revenues. Gross margin was 25.8% and Operating margin was 16.7%. Solar module shipments were 29.49 MW, up 180.3% from 10.52 MW in the Q1-2007 and up 23.3% Q4-2007. In the second Quarter the company expects to ship between 43 MW and 45 MW of PV modules and has revenues... http://feeds.feedburner.com/~f/typepad/RyNm?i=eK2eyI</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=eK2eyI) http://feeds.feedburner.com/~f/typepad/RyNm?i=VjpDzI</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=VjpDzI) http://feeds.feedburner.com/~f/typepad/RyNm?i=URkjJi</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=URkjJi)
complete story here... (http://www.247wallst.com/2008/06/trina-solar-bea.html)