Chinese solar wafer vendor ReneSola (SOL
), which issued a warning
on 7/12, is down 3.6%
premarket after reporting
Q2 revenue of $249.3M (-31% Y/Y) and EPS of $0.02, compared with a consensus of $238.3M and $0.16. The company is expecting Q3 revenue of $220M-$240M, below a $276.9M consensus. Full-year guidance is being withdrawn.