Tag Archives: loss
A123 Reports $125M Q1 Loss
A123 (Nasdaq: AONE) confirmed a record loss of $125 million in the first quarter of 2012 and said it would seek debt financing as it struggles with a massive battery recall that will take up its existing factory capacity through the next It’s the latest in a string of bad news for the Waltham, Mass.-based [...]
First Solar Posts Loss; Executives Play Musical Chairs
First Solar (Nasdaq:FSLR) announced its Q1 earnings yesterday and posted its second-ever loss. As reported yesterday, the company appointed Jim Hughes as new CEO, and as reported last month, First Solar idled lines in Malaysia, closed down its German factory, and fired 30 percent of its workforce, or about 2,000 employees. The quarter’s loss was [...]
MEMC Reports Surprising Loss, Shares Down AH
MEMCElectronic Materials (WFR) is surprising traders after the bell today,but not in the way many expected. With the technical action improvingin WFR in recent weeks, they were expected to post a quarterly profitand begin the road to lasting profits. That path remains on hold fornow. While the company reported revenues much higher than what analysts [...]
Energy Conversion DevicesPosts Another Big Loss (ENER)
Energy Conversion Devices (ENER) posted another big loss thismorning as the red ink continues to flow. Taking out one time costsfor the integration of Solar Integrated Tech, restructuring andinventory write offs, the company still reported a big loss of $25.6million or a loss of $.56/share which is an increase from lastquarter’s loss of .34. Wall [...]
Energy Conversion Devices Reports Big Loss (ENER)
There wasn’t going to be too much of a surprise in the EnergyConversion Devices (ENER) earnings report. The company has beenstruggling for a few quarters and that was going to continue. Thecompany posted a record loss of .34/share on revenues of just $42.9million. The revenue number missed analyst estimates of $56.4 millionby a wide margin [...]
Hot stocks for Friday – First Solar (FSLR) and Evergreen Solar (ESLR)
Chart courtesy of www.stockcharts.com ( click to enlarge ) ESLRis falling in the after-hours session after reported a wider quarterlynet loss on lower selling prices and rising start-up costs forproduction facilities. The second-quarter net loss was $20.3 million,or 11 cents per share, compared with a net loss of $8.9 million, or 8cents per share, a [...]
LDK Solar (LDK) Guides Above Prior Range, But Still Expects Large Q2 Loss
LDK Solar (LDK) is out with an update tonight on results of the 2ndquarter. The company sees Q2 revenues in the range of $225 – 235million which is about inline with the analyst estimates and slightlyabove its previous estimated range. However, the company expects topost a sizable loss of $180 – 200 million in the [...]
Q-Cells Falls Over 12%: Catastrophic Results in Q2
Q-Cells (ETR:QCE) isa German company that develops and produces solar cells made ofmonocrystalline and multicrystalline silicon. The company is withits approximately 1700 employees the biggest solar cell producerworldwide. Thus the “catastrophic” result of the company is of interestfor every green investor interested in solar energy stocks. Today the stock has lost already more than 12%, after [...]
China Sunergy (CSUN) Reports Steep Loss, Revenues Plunge 50%, But Stock Rises
The theme that we’ve seen for several months now continues for themost part.. solar company reports steep loss and plunging revenues, butthe stock holds up or even rises as is the case with China Sunergy(CSUN) today. The company reported a steeper than expected loss of.33/share (vs expectations of a .26) on revenues of just $37 [...]