ReneSola (SOL) Reports Mixed Results

ReneSola (SOL) reported mixed Q3 results this morning posting a lossof $0.07 which was inline with analyst estimates on revenues of $140.9million which was a bit better than Wall St estimates of $136.8 million. The company says it’s seeing a strong rebound in demand and expectsto work through its high priced inventory early next year [...]

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 [...]

Evergreen Solar (ESLR) Posts Better Than Expected Results As Revenues Surge, But Profits Elusive

There are certainly some things to like about Evergreen Solar (ESLR)and some things.. eh not so much. The earnings results reveal it yetagain. This is a company that continues to see revenues surging fasterthan any other solar company, but they just can’t turn a profit. Whilemargins improved this quarter, they just can’t get the costs [...]

LDK Solar (LDK) Announces Further Write Downs of $87.5 Million

LDK Solar (LDK) is announcing today it is modifying its previous preliminary unaudited financial resultsfor the 4th quarter and fiscal year 2008, to reflect an additionalwrite down of about $87.5 million to its inventories and an additionalprovision of $12.3 for prepayments to suppliers it may not recover. The modification comes as result of updated info about [...]

SolarWorld Sees 5% Increase in Sales

After seeing a sharp fall in earnings at the end of 2008, Germany’s SolarWorld found a surer footing in the first quarter of this year, and says it will stick to its growth strategy focused on the US and European markets. Sales rose by 5.2% in the first quarter to €176.3m ($239m) compared with the [...]

Applied Materials Still On Track to Reach 10% Thin-Film Efficiency

Applied Materialsplans to produce solar factory equipment that could make thin-filmpanels with 10 percent efficiency at a cost of under $1 per watt nextyear. Reaching that goal is critical for signing new contracts for itsSunFab line in the next 12 months, said Mike Splinter, Applied’s CEO,during an earnings conference call with analysts on Tuesday. Thecompany [...]

Amtech reports Q2 results; to intro new solar products — Diffusion + PSG Etch + PECVD

Amtech Systems Inc., a global supplier of production andautomation systems and related supplies for the manufacture of solarcells, semiconductors, and silicon wafers, reported financial resultsfor its fiscal 2009 second quarter ended March 31, 2009. Q2 fnancial highlights:*Net revenue of $10.9 million, compared to $17.6 million in the prioryear quarter: approximately $3 million of shipments scheduled [...]

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