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ReneSola: 1Q Earnings Snapshot

June 27, 2019 GMT

SHANGHAI (AP) _ ReneSola Ltd. (SOL) on Thursday reported a first-quarter loss of $5.4 million, after reporting a profit in the same period a year earlier.

The Shanghai-based company said it had a loss of 14 cents per share.

The solar energy company posted revenue of $13.1 million in the period.

ReneSola expects full-year revenue in the range of $150 million to $170 million.

The company’s shares closed at $1.39. A year ago, they were trading at $2.71.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SOL at https://www.zacks.com/ap/SOL