LDK Solar (LDK) Tops Q1 EPS by 9c; Guides Q2 Sales, Shipments
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LDK Solar (NYSE: LDK) reported Q1 EPS of $0.95, $0.09 better than the analyst estimate of $0.86. Revenue for the quarter came in at $766.3 million versus the consensus estimate of $769.45 million.
Shipped 118.7Mw of modules in the quarter, 631.5MW of wafers.
Sees Q2 sales of $710-$760 million, which compares to the Street estimate of $771.7 million. Sees wafer shipments of 500-550MW. Sees gross margin of 22-26%.
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Shipped 118.7Mw of modules in the quarter, 631.5MW of wafers.
Sees Q2 sales of $710-$760 million, which compares to the Street estimate of $771.7 million. Sees wafer shipments of 500-550MW. Sees gross margin of 22-26%.
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