Yingli Green Energy (YGE) reported a Q2 non GAAP EPS of $0.21, 6 cents better than the analyst estimate of $0.19 on revenue of $398.1 million, vs the estimate of $371.13 million. That represents a 62% increase over the year ago EPS number and an 82% jump in revenue, so a real nice quarter from Yingli. Gross margins reached a record high 33.5% in the quarter.
Duoyuan Global Water (DGW) reported results this morning that beat analyst estimates, but the EPS remains flat over the year ago quarter. The company reported a Q2 EPS of $0.46, 10 cents better than the analyst estimate of $0.36 on revenue for the of $43.3 million, vs the estimate of $40.88 million. The EPS number is a bit less than the year ago .47 number, but the revenue increased 38%. So, while revenue growth remains … Read the rest
Suntech Power (STP) reported a Q2 non GAAP EPS of $0.03 (taking out provisions and restructuring charges related to thin film and Shunda, which is below the analyst estimate of $0.10 (correction – that is inline with analyst estimate of .03). Revenue for the quarter was $625.1 million, which compares to the estimate of $595.39 million. While the EPS number was 50% lower than the year ago quarter, revenues nearly doubled over … Read the rest
RINO International (RINO) beat analyst estimates after the bell today and reaffirmed guidance. The company posted a Q2 non-GAAP EPS of $0.54, 12 cents better than the analyst estimate of $0.42 on revenue of $65.4 million, which was better than the estimate of $50.93 million. That represents quarter over quarter growth of 35% on the EPS side and 61% on the revenue side.
Kandi Technologies (KNDI) reported strong results this morning posting an EPS of .06 on revenues of $9.9 million. No analysts currently cover the company to compare results. That’s a 500% jump in EPS and an 80% jump in revenue over the year ago quarter. Its top selling product, the all electric COCO LSV, accounted for nearly half of its revenues with most of that coming from sales in the US.
China Wind Systems (CWS) beat analyst estimates this morning posting a Q2 EPS of $0.12, vs the analyst estimate of $0.10 on revenues of $19 million vs the analyst estimate of $17.4 million. Quarter over quarter, that’s a 33% jump in EPS and a 40% increase in revenues, so a nice quarter from CWS. The company is making good progress in transforming more into a wind energy manufacturing company which now makes up 48% of … Read the rest
Nexxus Lighting (NEXS) posted mixed earnings results this morning, missing on EPS but beating on the revenue side. The company posted an EPS loss of .12 vs the analyst estimate of a .10/share loss. Revenues came in higher than the analyst estimate of $3.15 million at $3.75 million. On the bright side, the EPS loss was considerably narrower than the year ago loss of .22 and revenues increased 43%. Sales of the Array line of … Read the rest
Tri-Tech Holding (TRIT), a top China water play, reported a Q2 EPS of $0.19, 6 cents better than the analyst estimate of $0.13 this morning. Revenue for the quarter was $8.1 million, which compares to the estimate of $7.02 million. That’s a revenue surge of 161% over the year ago quarter and a 19% improvement on the EPS side. Given the big ramp in revenue, I’d like to see TRIT reported a stronger EPS number, … Read the rest
China Intelligent Lighting and Electronics (CIL) is reporting mixed Q2 results this morning, missing on the EPS side posting .18 vs the estimate of .20. They beat on revenues posting $18.5 million vs the analyst estimate of $17.5 million. It should be noted that these are the numbers of the lone analyst covering this company. Sequentially and in comparison to the year ago quarter, those numbers do represent decent growth. Quarter over quarter, it represents … Read the rest
Emerging LED lighting play Energy Focus (EFOI) reported earnings after the bell today and continued to narrow its losses, reporting an EPS loss of ($0.08) vs the year ago loss of ($0.16). Revenues continue to improve as well, although much of that (55%) is due to the acquisition of Stone Rive Companies so not really comparing apples to apples here. The company reported revenue of $9 million in the quarter, vs $3.3 million in the … Read the rest
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