TITLE

Trina Solar Earnings Double; Stock Dims

AUTHOR(S)
Moresco, Justin
PUB. DATE
August 2008
SOURCE
Red Herring;8/18/2008, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the shares of Chinese solar power company Trina Solar decreased by nearly three percent after it missed Wall Street's earnings expectations. The company reported a net income of $17.1 million in the second quarter of 2008, but analysts expected it to earn a total net revenue of $850 to $900 million. Meanwhile, Trina's full-year gross margin and operating margin estimates for 2008 remained unchanged.
ACCESSION #
36670561

 

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