JA Solar (JASO) Tops Q1 Views, Reiterates Guidance; Announces $300M Offering
More News related to JASO
- Evolution Solar to Open Green Technology Marketing Strategy
- Sunrise Solar Reports on Progress of Solar Technology Advisory Board
- JA Solar (JASO) Reports In-Line Q2; Guides Above
- JA Solar Reports Second Quarter 2008 Results
- After-Hours Movers 8/11: LDK Solar (LDK) Soars On Strong Results; Sonus Networks (SONS) Lower on Results
More News related to Earnings
- Aastrom Biosciences (ASTM) Reports In-Line Q4 Loss of $0.04
- Net 1 UEPS Technologies (UEPS) Misses Street's Q2 Estimates
- Linktone (LTON) Reports Q2 Loss, Guides Above for Q3 Revenues
- Linktone (LTON) Reports Mixed Q2 Results
- China Finance Online (JRJC) Tops Q2 View By 14c
JA Solar Holdings Co., Ltd. (Nasdaq: JASO) reports Q1 EPS of $0.14, versus the consensus of $0.10. Revenues came in at $160 million, versus the consensus of $147.6 million.
Reiterates FY08 revenues of $1.03-$1.14 billion (The higher amount in USD is due to a lower USD/RMB exchange rate used in the first quarter 2008 than the fourth quarter 2007). The consensus is $984.40 million.
JASO also announced that it intends to offer, subject to market and other conditions, $300 million aggregate principal amount of senior convertible notes due 2013 and American depositary shares, or ADSs, which are being borrowed by affiliates of the joint book-running managers of the notes offering pursuant to ADS lending agreements with JA Solar.
Related Categories
EarningsEquity Offerings
Guidance
Hot List
Stocks Mentioned
+0.24Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
