Trina Solar sees 2008 revenue meeting target

rina Solar Ltd. said Tuesday that reduced costs will help the manufacturer of solar photovoltaic products meet its 2008 revenue guidance and exceed its estimate for fourth-quarter revenue.

The Changzhou, China-based company said it expects 2008 revenue to meet its previous guidance of $800 million to $850 million. It anticipates revenue for the fourth quarter will exceed its previous estimate of between $190 million and $210 million, Trina Solar (nyse: TSL - news - people ) said.

Wall Street analysts expect quarterly revenue of $194.1 million, and annual revenue of $816 million, according to a poll by Thomson Reuters.

Labels: News, Trina Solar, TSL

posted by Ertai at 7:30 AM