ReneSola: 3Q Earnings Snapshot

ReneSola: 3Q Earnings Snapshot

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SHANGHAI (AP) _ ReneSola Ltd. (SOL) on Monday reported third-quarter net income of $1.5 million.

The Shanghai-based company said it had net income of 1 cent per share.

The solar energy company posted revenue of $18.8 million in the period.

For the current quarter ending in December, ReneSola said it expects revenue in the range of $20 million to $30 million.

The company's shares closed at $1.67. A year ago, they were trading at $3.15.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SOL at https://www.zacks.com/ap/SOL

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