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News Watch
- 11/19/2009 7:05:46 AM
By Chip Brian, SmarTrend Analytics Team
11/19/2009-Trina Solar (NYSE:TSL) reported Q3 EPS of $1.29, topping consensus estimates of $0.75.
Revenues in the quarter fell 14.1% year-over-year to $249.7 million, but came in ahead of consensus estimates of $216.3 million.
The company offered these forward-looking statements;
"For the fourth quarter of 2009, the Company expects to ship between 145 MW to 165 MW of PV modules. The Company believes its gross margin for the fourth quarter of 2009 will likely be between 25% and 27%.
For the full year of 2009 the Company expects total PV module shipments to be between 380 MW and 400 MW, compared to its earlier guidance of between 350 MW to 400 MW, representing an increase of 89.1% to 99.0% from 2008."
Contact Chip Brian
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