Overview
- Adjusted earnings in Q2 hit $3.18 per share, surpassing analyst forecasts of $2.66.
- Revenue for the quarter reached $1.09 billion versus expectations of $1.04 billion.
- Management raised its 2025 net sales guidance to $4.9 billion–$5.7 billion from $4.5 billion–$5.5 billion.
- The company expects its panel prices to increase as U.S. import tariffs on foreign-made panels take effect.
- Shares jumped over 5% in after-hours trading following the stronger-than-expected results and outlook.