JA Solar's (NASDAQ: JASO) first quarter was better than expected as revenue jumped 36% from a year ago to $366 million and net income came in at $13.3 million, or $0.05 per share.
Gross margin, a closely watched indicator of health in solar, improved 120 basis points to 16.7% as module prices rose in the industry. But to keep the momentum up JA Solar will need to continue to see a broad recover in the industry, execute on 200 MW of projects this year, and invest in the future.
Solar specialist Travis Hoium takes a look at JA Solar's quarter and what it needs to do to be a good investment in the video below.
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