Quarterly Financial Results, Product Availability, New Launches, Supply Agreements and Successful Project Completions - Research Report on Trina Solar, Microchip, LSI, JA Solar, and ReneSola
NEW YORK, November 25, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting Trina Solar Limited (NYSE: TSL), Microchip Technology Inc. (NASDAQ: MCHP), LSI Corporation (NASDAQ: LSI), JA Solar Holdings Co., Ltd. (NASDAQ: JASO), and ReneSola Ltd. (NYSE: SOL). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Trina Solar Limited Research Report
On November 19, 2013, Trina Solar Limited (Trina Solar) reported its Q3 2013 financial results, with net revenues of $548.4 million, up 24.4 QoQ. The Company reported gross profit of $83.4 million, reflecting an increase of 62.9% QoQ; while net income came in at $9.9 million during the quarter, compared to a net loss of $33.7 million in Q2 2013. Earnings per fully diluted American Depositary Share (ADS) were $0.14, compared to loss per fully diluted ADS of $0.47 in Q2 2013. Commenting on the results, Mr. Jifan Gao, Chairman and CEO of Trina Solar said, "In the third quarter we saw continued strong demand in our key markets, driven in particular by increasing demand in China, North America, Japan and the UK, where we have further strengthened our leading positions. In the meantime, we continue to successfully achieve our aim of diversifying our geographical footprint, with non-EU markets now comprising a majority of our sales. We expect this diversification will continue to support sustainable growth in volume and revenues." The Full Research Report on Trina Solar Limited - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://analystscorner.com/microwriter/link.php?s=DDD
http://www.analystscorner.com/r/full_research_report/359f_TSL
--
Microchip Technology Inc. Research Report
On November 13, 2013, Microchip Technology Inc. (Microchip) announced that it has made available for license, on a royalty-bearing basis, its proprietary MOST150 Data Link Layer Specification. The Company said that by making the key technologies available for the lower layers of MOST150, other semiconductor companies now have the opportunity to develop, manufacture and supply chips with a MOST150 interface. "Microchip is committed to the MOST technology and products, as well as to the principles established by the MOST Cooperation to promote this technology and enable its adoption," said Dan Termer, Vice President of Microchip's Automotive Information Systems Division. "We believe that the licensing of the MOST150 Data Link Layer Specification is a major step in that direction." The Full Research Report on Microchip Technology Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://analystscorner.com/microwriter/link.php?s=
http://www.analystscorner.com/r/full_research_report/a8bd_MCHP
--
LSI Corporation Research Report
On November 20, 2013, LSI Corporation (LSI) announced the launch of its new family of 12Gb/s SAS MegaRAID® controller cards and expanders. According to LSI, its new storage solutions deliver the application-accelerating performance, enhanced data protection and reduced total cost of ownership (TCO) required for the most demanding datacenters. "As datacenters worldwide face rapidly growing traffic and data consumption, the hardware infrastructure within these systems must provide new levels of performance, reliability and scalability," said Tom Swinford, Senior Vice President and General Manager, Datacenter Solutions Group, LSI. "The new LSI 12Gb/s SAS storage solutions were designed with these needs in mind, and offer innovative new bandwidth optimization and diagnostic technologies ideal for larger, more scalable next-generation server and storage systems." The Full Research Report on LSI Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://analystscorner.com/microwriter/link.php?s=
http://www.analystscorner.com/r/full_research_report/40b9_LSI
--
JA Solar Holdings Co., Ltd. Research Report
On November 11, 2013, JA Solar Holdings Co. Ltd. (JA Solar) announced that it has signed two agreements to supply a total of 70 MW of high-efficiency polycrystalline solar modules to Shanghai CSET Co., Ltd., a photovoltaic (PV) system integrator focused on the planning, design and operation of solar PV stations, for two commercial rooftop projects in China. "This agreement is another sign of improving industry fundamentals and strong demand from the China market, which is expected to continue to grow rapidly in the next few years," said Mr. Baofang Jin, Executive Chairman and CEO of JA Solar. "JA Solar's superior product offerings and our strong relationships with project developers in China ensure we are well positioned to benefit from this growth." The Full Research Report on JA Solar Holdings Co., Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://analystscorner.com/microwriter/link.php?s=
http://www.analystscorner.com/r/full_research_report/0ee5_JASO
--
ReneSola Ltd. Research Report
On November 13, 2013, ReneSola Ltd. (ReneSola) announced the completion of a 2.5MW solar PV facility near Roswell, New Mexico. ReneSola stated that it was contracted to provide 7,200 of its 250W high-efficiency polycrystalline solar PV module for the project, and with extensive pre-planning prior to the execution of this project, the facility was constructed in only three months. Mr. Kevin Chen, President of ReneSola America, commented, "We are pleased to have been selected as the top supplier for this solar project, based on recognition of ReneSola as a high-quality module manufacturer. We look forward to providing power to Roswell's surrounding communities and ultimately encouraging greater advocacy for renewable energy throughout New Mexico." Currently, the Roswell ground-mounted PV system is one of the larger solar arrays in New Mexico and is geared to provide solar power to the site's neighboring communities. The Full Research Report on ReneSola Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://analystscorner.com/microwriter/link.php?s=
http://www.analystscorner.com/r/full_research_report/a4a2_SOL
----
EDITOR NOTES:
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
- For any urgent concerns or inquiries, please contact us at [email protected].
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Ananya Ghosh, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
AnalystsCorner.com
SOURCE Analysts' Corner
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article