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SatCon Technology Corp (SATC) Reports Q1 Loss of 11c/Share; Guides Q2

May 9, 2012 4:14 PM EDT Send to a Friend
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Price: $0.43 --0%

Financial Fact:
Restructuring charge: 581.6K

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SatCon Technology Corp (NASDAQ: SATC) reported Q1 EPS of ($0.11), in-line with the analyst estimate of ($0.11). Revenue for the quarter came in at $24.3 million versus the consensus estimate of $24.29 million.

Sees Q2 2012 revenue of $24-$28 million, versus the consensus of $32.8 million.

For earnings history and earnings-related data on SatCon Technology Corp (SATC) click here.




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