Wonder Auto Tech (WATG) Reports In-Line Q3 EPS of $0.24; Guides FY08, FY09
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Wonder Auto Technology, Inc. (Nasdaq: WATG) reports Q3 EPS of $0.24, in-line with the analyst estimate of $0.24. Revenue for the quarter was $39.3 million, versus the consensus of $44.65 million.
Sees FY08 sales over $150 million, versus the consensus of $151.67 million. For FY09, sales are expected to be in the range of $220-$230 million, versus the consensus of $211.58 million.
Wonder Auto Technology, Inc., through its subsidiaries, engages in the design, development, manufacture, and sale of automotive electrical parts in the People's Republic of China.
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