SOLF $13-9-$10 misses by $0.08 (12.42 ) : Reports Q1 (Mar) loss of $0.01 per ADS, $0.08 worse than the single estimate of $0.07; revenues rose 85.7% year/year to $24.7 mln vs the $32 mln single estimate. "Our capacity expansion plans remain on track and we believe we are favorably positioned in terms of silicon supply for the remainder of the year. Additionally, in the past month, all of our current module products were approved by the California Energy Commission to be eligible for the state's solar rebate program. With this, and new incentives set to be unveiled in Spain, we believe we are well positioned for the strong growth that we foresee in the market towards the end of the year."
Know how to make God laugh?
Tell Her your plans ....
