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Browsing the "Q1" Tag

First Solar To Restructure EPC Business After Heavy First Quarter Hit

May 15th, 2019 | by Joshua S Hill

US-based solar manufacturer First Solar announced its first-quarter earnings earlier this month revealing a heavy net-loss and missing earnings expectations due primarily to its US and Japanese Engineering, Procurement and Construction (EPC) business, leading the company to announce a planned restructuring. 


Hanwha Q CELLS Returns To Profitability, Downgrades 2018 Guidance

May 16th, 2018 | by Joshua S Hill

South Korean solar manufacturer Hanwha Q CELLS announced its latest quarterly earnings this week, revealing that the company returned to profitability in the first quarter of 2018 after a net loss in the previous quarter, but tempered the news by downgrading its 2018 shipping guidance. 


California’s New Solar Regulations Prop Up Vivint Solar’s Lackluster First Quarter

May 10th, 2018 | by Joshua S Hill

Vivint Solar, one of the United States' leading residential solar installers, announced its first-quarter earnings this week, posting lackluster growth and a larger-than-expected net loss, causing the company's shares to tumble until investors took notice of California's new building regulations mandating solar on all new residential buildings from 2020 onwards.


First Solar Starts Off 2018 With A Bang

May 8th, 2018 | by Joshua S Hill

Leading US solar manufacturer First Solar published its first-quarter earnings report late last month, depicting a strong start to the year with increased sales of $567 million and the commencement of Series 6 module production in April which, in turn, led to the company's announcement of a new solar manufacturing plant in Perrysburg, Ohio. 


Canadian Solar Beats Guidance In Solid First Quarter

June 7th, 2017 | by Joshua S Hill

Ontario-based Canadian Solar published its first quarter earnings this week, beating its own guidance in terms of shipments and net revenue, and holding up well against previous quarters and expected losses in a declining solar prices market.



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