Markets

U.S. close in 6 hrs, 21 mins
DJIA
10,047.00
-11.64
 
0.12%
NASDAQ
2,151.40
0.53
 
0.02%
S&P 500
1,069.14
-1.38
 
0.13%
10yr Note
97.875
0.9688
 
1.00%
FTSE 100
5,151.37
39.53
 
0.77%
Nikkei 225
9,963.99
31.09
 
0.31%
Hang Seng
19,922.22
131.94
 
0.67%
Euro (in USD)
1.374
-0.0051
 
0.37%
Yen (per USD)
89.49
-0.30
 
0.33%
Gold
1,075.10
-1.60
 
0.15%
Oil
73.68
-0.07
 
0.09%
Get Quote for:
Symbol
Lookup

BUSINESS NEWS

INVESTING

PERSONAL FINANCE AT WALLETPOP

SMALL BUSINESS

Suntech Power beats by $0.07, beats on revs; guides Q2 revs above consensus

Briefing.com
Posted: 2008-05-22 05:30:00
Reports Q1 (Mar) earnings of $0.35 per share, excluding non-recurring items, $0.07 better than the First Call consensus of $0.28; revenues rose 76.1% year/year to $434.5 mln vs the $378 mln consensus. Co issues upside guidance for Q2, sees Q2 revs of $430-440 mln vs. $426.62 mln consensus. Co reports gross margin increased 22.2% in Q108 compared to 19.0% for Q107. Non-GAAP gross margin reached 22.5% compared with 19.9% for Q107. PV cell production capacity was 540MW at end of Q1. Co is on track to reach 1GW PV cell production capacity by YE08.

Bookmark:

Recent Comments

Post Your Own  

Add your own Comments

Clear
Add

Currently experiencing technical difficulties. Please refresh page or try again later.

BloggingStocks
More at BloggingStocks.com

Picks & More From Jim Cramer

Top Money Features

disappear

    Headlines From AOL Money & Finance Partners

    Financial Times
    More Financial Times

    The feed for these links is currently experiencing technical difficulties. Please refresh page or try again later.

    SmartMoney.com
    More SmartMoney
    Reuters
    More Reuters

    Currently experiencing technical difficulties. Please refresh page or try again later.

    The Street.com
    More TheStreet.com