Trina Solar Q2 in Line With Pre-Announcement
Trina Solar (TSL) this afternoon reported Q2 results in line with its recent pre-announcement.
The company posted revenue of $150 million, solar module shipments of 64 MW, gross margin of 27.4 percent, operating margin of 12.4 percent and EPS of 71 cents a share, including 30 cents from the impact of foreign exchange gains offset by receivables write-offs. Trina late last month said it expected to report revenue of $148 million to $152 million, module shipments of 63-65 MW, gross margin of 26-28 percent, and operating margin of 11.5-13.5 percent.
