Tag Archives: sovello

Evergreen Solar (ESLR) Posts Better Than Expected Results As Revenues Surge, But Profits Elusive

There are certainly some things to like about Evergreen Solar (ESLR) and some things.. eh not so much.  The earnings results reveal it yet again.  This is a company that continues to see revenues surging faster than any other solar company, but they just can’t turn a profit.  While margins improved this quarter, they just can’t get the costs down to get profitable. 

Taking out the $70 million write down from the Sovello joint venture, … Read the rest