ReneSola: 1Q Earnings Snapshot
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.