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ReneSola Clocks Q1 Revenue Decline Of 85%, Reiterates FY22 Guidance

ReneSola Ltd. (NYSE:SOL) reported a first-quarter revenue decline of 85% year-over-year and sequentially to $3.5 million, driven by energy sales from IPP assets that came from 33 million KWh generated. Adjusted gross profit was $1.4 million, and the margin was 36.3% for the quarter. Adjusted operating expenses were $2.7 million, compared to…

Benzinga · Jun 7, 2022

ReneSola Stock Gains Post Q4 Results

ReneSola Ltd. (NYSE:SOL) reported fourth-quarter revenue growth of 39.1% year-over-year to $22.82 million, missing the consensus of $24.98 million. The gross margin expanded to 31.8% from 12.1% a year ago. SOL reports an operating loss of $(1.44) million for the quarter, compared to a profit of $478 thousand a year ago. Adjusted EPADS…

Benzinga · Mar 23, 2022

Why Sunrun, ReneSola And SunPower Shares Are Surging Today

Shares of solar-related companies, including Sunrun Inc (NASDAQ: RUN), ReneSola Ltd (NYSE: SOL) and SunPower Corp (NASDAQ:

Benzinga · Mar 7, 2022