UPDATE: Trina Solar Swings To Q1 Loss

Trina Solar Ltd

posted a loss in the first quarter. Trina Solar posted a quarterly net loss of $29.8 million, or 42 cents per American Depositary share (ADS), versus a year-ago income of $47.7 million, or 63 cents per ADS. Its revenue declined 37% to $349.9 million. Trina Solar shares closed at $5.33 yesterday.