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ReneSola sees FY23 revenue $140M-$160M, consensus $145.92M
The Fly

ReneSola sees FY23 revenue $140M-$160M, consensus $145.92M

The company said, "We expect gross margin to be approximately 30% and net income to be between $17M-$21M. For H1 2023, we expect revenue to be in the range of $70M-$75M. We expect gross margin to be between 24% to 27%. In conclusion, the future of solar energy is extremely promising, and we are positioned to fully capitalize on the accelerating adoption of solar technology across the globe. With our exceptional expertise in developing and operating solar projects, extensive network of industry partnerships, and strong financial position, we are making great strides towards our goal of becoming a top global solar company. We are thrilled about the bright future of solar energy and are excited to be at the forefront of this incredible transformation towards a more sustainable future. With that overview, we will now review the details of our fourth quarter and full year operating and financial performance."

Published first on TheFly

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