Emeren Group: Q1 Earnings Snapshot
STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — Emeren Group Ltd (SOL) on Wednesday reported a loss of $194,000 in its first quarter. The Stamford, C...
June 1, 2023
2:36 AM
STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — Emeren Group Ltd (SOL) on Wednesday reported a loss of $194,000 in its first quarter. The Stamford, Connecticut-based company said it had a loss of less than 1 cent on a per-share basis. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 4 cents per share. The solar energy company posted revenue of $12.9 million in the period, which also missed Street forecasts. Four analysts surveyed by Zacks expected $30.