Tag Archives: results
Canadian Solar Reports Mixed Results $CSIQ
I’ve been on vacation for a few days so didn’t get this out Thursdaynight, but Canadian Solar (CSIQ) reported mixed Q1 results. The company posted a non GAAP EPS of $0.03, 4 cents lower than the analyst estimate of $0.07 on revenue of $336.9 million, vs estimate of $330.97 million. Those numbers are big increase [...]
Sungevity Shines With Record Results for First Half of 2010
Sungevity, the leading online residential solar provider, todayannounced record results for the first half of 2010, due to widespreadconsumer interest in solar energy made more affordable by leaseprograms. Sungevity’s revenues from solar panel installations on residentialhomes have increased by a factor of 10 over the last six monthscompared with the first half of 2009 revenues. [...]
G20 Summit in Toronto Ends with Mixed Results
The G20 summit in Toronto ended with a general agreement on bankcapitalization and recycled statements about the green economy andputting an end to fossil fuel subsidies. Leaders of the world’slargest economies did manage to adopt new rules that will force banks to hold significantly more capital. However, countries unable to meet theoriginal deadline of late [...]
Q1 Solar Inverter Results Paint Two Different Pictures
Q1’10 was an outstanding and unique quarter for PV inverter suppliers for two very different reasons. All suppliers reported incredibleperformance making Q1’10 the largest first quarter on record in terms of inverter shipments. Despite this strong result, demand for invertersstill outstripped supply; and the component shortage and inverterproduction problems that began in Q4’09 in fact [...]
Hoku Scientific Reports Mixed Results $HOKU
HokuScientific (HOKU) reported earnings results after the bell and traders aren’t impressed. While the company matched analyst estimates with a .03/share loss, theymissed badly on revenues reporting just $776K vs the analyst estimate of $1.4 million. Granted, it’s a big improvement over the 112K theyreported in the year ago quarter, but when you miss that badly, [...]
SunPower Reports Earnings Results
SunPower(SPWRA) reported mixed results after the bell today missing analyst estimates on the EPS side (reporting .05 vs estimate of .08), but matched the revenuenumber at $347 million. Compared to the year ago quarter, the resultslook darn good because that was a terrible quarter in which the companyreported a loss for the first time in [...]
Evergreen Solar Reports Mixed Results $ESLR
EvergreenSolar (ESLR) reported uninspiring results again this quarter as profitability remains elusive. Thecompany upped guidance a few weeks ago, which gave the stock some life, but it’sback towards all time lows. There are some highlights in the quarter,but as I’ve said in the past, unless this company can cut costssignificantly they aren’t going anywhere. The [...]
Evergreen Solar Announces Preliminary Results $ESLR
JA Solar (JASO) raised guidance about two weeks ago and EvergreenSolar (ESLR) is out with preliminary results last night, but the two companies still aren’t in the sameleague. ESLR is saying that 1st quarter shipments have increases to anew company record of about 35.4MW with revenues at about $78.5 millionand an average selling price of [...]