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GT Solar (SOLR) Reports Mixed Results, Shares Slump AH

GT Solar (SOLR) reported mixed earnings results after the bell todaywith a miss on the EPS side (reporting .06/share vs estimates of.07/share) and a beat on the revenue side (reporting $104 million vsestimates of $101.8).  EPS was off 68% from the year ago period, socertainly another solar company that is struggling to get growingagain.  The [...]

Energy Conversion Devices Reports Big Loss (ENER)

solarflexible 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 [...]

MEMC Electronic: Gobbles Up SunEdison (WFR), Reports Earnings

wfr MEMC Electronic: Gobbles Up SunEdison (WFR), Reports Earnings

MEMC Electronic (WFR) announced today it’s diversifying its business with the $200 million purchase of the largest North American solar services provider SunEdison. The payout will include cash and options and is expected to close bythe end of the year and begin contributing to earnings in the secondhalf of 2010. This is a good move in [...]