Trina Solar Ltd TSL reported a 69% decline in its second-quarter profit.
Trina Solar's quarterly net income declined to $11.8 million, or $0.17 per ADS. Its revenue climbed 56% to $579.5 million, versus analysts' estimates of $593.92 million.
Trina Solar projects to ship between 480 to 520 (megawatt) MW of PV modules in the third quarter, versus 396 MW in the second quarter.
Trina Solar shares dropped 7.40% to $12.01 in pre-market trading.
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