---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-040711"
form_type: "8-K"
ticker: null
cik: "0001417892"
company_name: "Emeren Group Ltd"
filed_at: "2024-03-29T23:59:59+00:00"
generated_at: "2026-06-04T05:16:34.953143+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Emeren posts $9.3M FY 2023 net loss; guides 2024 revenue $150-160M, net income ≥$26M

## Summary
- FY 2023 revenue $104.7M (+71% y/y); net loss $9.3M vs $4.7M loss in 2022; adjusted EBITDA $6.0M.
- Q4 2023 revenue $44.0M (+71% y/y); net loss $8.1M ($0.15 diluted loss per ADS); gross margin 7.6%.
- Missed guidance due to delayed sales of 6 projects in U.S./Europe; $5.0M write-offs for project cancellations and bad debt.
- FY 2024 guidance: revenue $150-160M, gross margin ~30%, net income ≥$26M (~$0.50/ADS); positive operating cash flow expected.
- Board approved $10M accelerated stock repurchase program; ~$7.6M remaining from prior buyback.

## SEC filing metadata
- accession: 0001104659-24-040711
- form_type: 8-K
- cik: 0001417892
- company_name: Emeren Group Ltd
- filed_at: 2024-03-29T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1417892/000110465924040711/0001104659-24-040711-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1417892/000110465924040711/tm2410144d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-040711
- JSON: https://secwatch.observer/filing/0001104659-24-040711.json
- Plain text: https://secwatch.observer/filing/0001104659-24-040711.txt

## Key facts
- Earnings Releases
  Emeren Group Ltd reported 2024 full year results: revenue $150 million - $160 million. Guidance initiated.
  - Period: 2024 full year
  - Revenue: $150 million - $160 million
  - Guidance: initiated
  - Result: guidance update
  source text: We expect 2024 full year revenue to be in the range of $150 million - $160 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1417892/000110465924040711/0001104659-24-040711-index.htm
- Earnings Releases
  Emeren Group Ltd reported the year ended December 31, 2023 results: revenue $104.7 million, net income $9.3 million.
  - Period: the year ended December 31, 2023
  - Revenue: $104.7 million
  - Net income: $9.3 million
  - Result: reported results
  source text: We closed 2023 with $104.7 million revenue, 22.2% gross margin and a $9.3 million net loss.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1417892/000110465924040711/0001104659-24-040711-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.