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Solarfun (SOLF) Reports Better-Than-Expected Q1 Loss of $0.02

May 19, 2009 7:42 AM EDT
SOLF Hot Sheet
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Solarfun Power Holdings Co., Ltd. (NASDAQ: SOLF) reports Q1 loss of $0.02, versus the analyst estimate of ($0.17) and compared to a gain in the same quarter last year. Revenue for the quarter was $100.1 million, versus the consensus of $100.12 million.

Average selling price declined further, as expected, to $2.78 from $3.37 in Q4.

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