Financials
JA Solar reported third quarter revenue of ($601.0 million), an increase of 41% from the previous quarter and 26.4% from the prior year period. Gross margin was 17.7solar panel system home 5kw
%, an increase of 270 basis points y/y and 130 basis points sequentially.
Operating profit was US$47.1 million, compared to US$29.8 milsolar panel system home 5kw
lion in the third quarter of 2014 and US$24.6 million) in the second quarter of 2015.
Net income was US40.7 million, compared to US$24.5 million in the third quarter of 2014, and US$21.4 million in the second quarter of 2015.
Flexible CIGS thin-film consumer product producer Ascent Solar Tsolar panel system home 5kw
echnologies reported lower than expected third quarter sales, while reducing full-year revenue guidance on liquidity constraints in the quarter.
Ascent Solar reported third quarter revenue of US$1.3 million, csolar panel system home 5kw
ompared to US$2.2 million in the previous quarter. Revenue for the first nine months of 2015 reached US$4.1 million, compared to US$2.9 million in the prior year period.
Net loss for the quarter was US$6.1 million, compared to US$11.3 million in the prior quarter. Net loss for the first nine months of 2015 reached US$35.9 million, compared to US$31.4 million in the same period of 2014.