Trina Solar Earnings: Margins Rise On Better Shipment Mix, Project Sales

The company's revenues grew by around 12.5% year-over-year to $616.8 million driven by higher shipments to markets such as Japan and China, while operating income grew to $35.6 million from around $6 million the same quarter a year ago. The EPS came in at $0.14, missing consensus estimates, due to a $16 million foreign exchange loss that the company recorded to account for depreciation of the Euro and Japanese Yen against the U.S.

Topics:  china   eps   euro   japanese yen   u.s    japan   shipment   million   grew   company   

 

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