T1 Energy Reports Q2 Preliminary Sales, Net Loss From Continuing Operations

MT Newswires Live18:25

T1 Energy (TE) said Tuesday it expects Q2 module sales of about 835 megawatts, generating $245 million to $255 million in revenue.

Analysts polled by FactSet expect $173.7 million.

The company said its preliminary net loss from continuing operations is $34 million to $37 million for Q2.

As of June 30, T1 Energy had $156.4 million in cash, cash equivalents and restricted cash, including $79.1 million in unrestricted cash.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment