1.09%XLF 19.94 2.92%QQQQ 47.01 1.24%
Digg
Del.icio.us
Newsvine 
Facebook
Stumbleupon
NEW YORK - Evergreen Solar Inc. on Thursday offered guidance for the third quarter that falls below Wall Street's expectations.
| ESLR | 9.19 |  -0.5 |
For the quarter ending Sept. 30, the company expects to post a loss of 10 cents per share on revenue of $24.5 million to $25.5 million.
The revenue estimate includes about $4.5 million of selling fees and royalty payments from EverQ, Evergreen Solar's joint venture with Q-Cells A.G. and Renewable Energy Corporation ASA.
Analysts polled by Thomson Financial forecast, on average, a loss of 8 cents per share on revenue of $26.5 million.
Gross margins in the range of 6 percent to 8 percent are expected.
Shares fell 97 cents, or 9.4 percent, to $9.35 in aftermarket trading.
The Euro continued climbeding significantly yesterday against the US Dollar from Tuesday's bottom 1.4634 to today's top 1.4802, which a...
"Harry Potter" star Daniel Radcliffe has revealed he suffers from dysp...
Shares of some top computers companies were down at the close of trading: Apple Inc fell $1.86 or 1.1 percent, to $173.53.
Professional Website Design For Corporate - Get a Free Quote Today
Partners  
|
© 2008 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives
EMAIL
PRINT
RSS
SHARE
