NORWALK, Conn. (AP) — NORWALK, Conn. (AP) — Emeren Group Ltd (SOL) on Thursday reported third-quarter net income of $4.8 million.
On a per-share basis, the Norwalk, Connecticut-based company said it had profit of 9 cents.
The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 9 cents per share.
The solar energy company posted revenue of $12.9 million in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $26.2 million.
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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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