News . Data . Research
Categories Analysis, Energy
JinkoSolar Holdings Co. (NYSE: JKS) has reported a sharp increase in revenues for the second quarter of 2022, aided by continued uptick in demand and strong shipments.
Revenues of the China-based solar energy company more than doubled year-over-year to $2.81 billion in the second quarter. Adjusted net income attributable to shareholders, excluding special items, was $55.0 million in the second quarter, which is higher than the profit recorded in the prior-year quarter.
Read management/analysts’ comments on JinkoSolar’s Q2 2022 earnings
On an unadjusted basis, it was a net loss of $93.1 million or $1.88 per share, which reflects higher operating expenses and the impact of supply chain issues. During the quarter, total solar module shipments more than doubled to 10,532 MW. The management also provided guidance for the third quarter and confirmed its earlier outlook for fiscal 2022.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Semiconductor solutions provider Broadcom Inc (NASDAQ: AVGO) is preparing for one of the biggest tech buyouts after successfully tapping into new opportunities created by the pandemic-driven digital transformation, thanks to
Shares of Mattel Inc. (NASDAQ: MAT) were down 1% on Friday. The stock has gained 7% year-to-date and 5% over the past 12 months. The toymaker delivered decent results in
Shares of Peloton Interactive Inc. (NASDAQ: PTON) plummeted 19% on Thursday after the company delivered disappointing results for its fourth quarter of 2022. Revenues declined and losses widened as the
© 2020 AlphaStreet Inc. All Rights Reserved
[email protected]
44053 Fremont Blvd,
Fremont, CA 94538