ReneSola Provides Third Quarter 2019 Preliminary Results
Emeren Group Ltd American Depositary Shares, each representing 10 shares (SOL)
Last emeren group ltd american depositary shares, each representing 10 shares earnings: 11/19 06:30 am
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ir.renesolapower.com
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Source: PR Newswire
SHANGHAI, Oct. 15, 2019 /PRNewswire/ -- ReneSola Ltd ("ReneSola" or the "Company") (www.renesolapower.com) (NYSE: SOL), a leading fully integrated solar project developer, today provided preliminary unaudited financial results for the third quarter ended September 30, 2019.Preliminary Third Quarter 2019 ResultsBased on preliminary unaudited results, the Company expects revenue for the third quarter of 2019 to range between $55 million and $60 million, compared to its previous guidance of $15 million to $20 million. Gross margin for the third quarter of 2019 is expected to be in the range of 15% to 17%, compared to the prior guidance of 35% to 40%.Ms. Shelley Xu, Chief Executive Officer of ReneSola, commented, "Our preliminary revenue range reflects significant revenue contributions from the sale of several solar projects in September 2019. As we discussed earlier in the year, some project sales were delayed into the second half, but with focused team work we were able to close many t
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News
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- Emeren Group Sells 2.8 MW Maine Solar Project to Altus PowerPR Newswire
- Emeren Group Ltd (NYSE: SOL) had its "sell" rating re-affirmed by analysts at BWS Financial. They now have a $6.00 price target on the stock.MarketBeat
- Emeren Group Releases 2023 Environmental, Social and Governance ReportPR Newswire
SOL
Earnings
- 11/14/24 - In-Line
SOL
Sec Filings
- 12/20/24 - Form 4
- 12/16/24 - Form 4
- 11/18/24 - Form 8-K
- SOL's page on the SEC website