Shares of ReneSola (NYSE:SOL) moved higher in after-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share were up 225.00% over the past year to $0.05, which beat the estimate of ($0.02).

Revenue of $22,775,000 up by 7.62% from the same period last year, which beat the estimate of $19,040,000.

Looking Ahead

ReneSola Sees Q2 Sales $19M-$22M vs $23.2M Estimate; FY21 Sales $90M-$100M vs $98.5M Est.

Details Of The Call

Date: May 25, 2021

Time: 04:30 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/6tqxi8kh

Technicals

Company's 52-week high was at $35.77

Company's 52-week low was at $0.92

Price action over last quarter: down 20.41%

Company Overview