Guidance

LDK Solar Co., Ltd. (NYSE: LDK) sees Q2 revenues of $215 and $225 million, below the consensus of $247.2 million.

LDK Solar estimates shipments between 220 and 230 megawatts. This compares to its previously issued guidance for the second quarter of 2009 of wafer shipments in the range of 200 to 220 MW.

LDK Solar additionally provided an update on its financing activities. The company secured a loan in the aggregate principal amount of RMB 500 million (equivalent to approximately US$73 million), with a term of one year, from The Export-Import Bank of China. The company also secured a loan in the aggregate principal amount of RMB 500 million (equivalent to approximately US$73 million), with a term of three years, from Huarong International Trust Co., Ltd. to support LDK Solar's polysilicon plant construction.

LDK Solar Co., Ltd. (NYSE: LDK) provided an updated outlook for the second quarter ended June 30, 2009. For the second quarter of 2009, LDK Solar estimates shipments between 220 and 230 megawatts ("MW"). This compares to its previously issued guidance for the second quarter of 2009 of wafer shipments in the range of 200 to 220 MW. The company expects to record between $215 and $225 million in revenues. (Q2 Revenue consensus is $247.19M)

LDK Solar additionally provided an update on its financing activities. The company secured a loan in the aggregate principal amount of RMB 500 million (equivalent to approximately US$73 million), with a term of one year, from The Export-Import Bank of China. The company also secured a loan in the aggregate principal amount of RMB 500 million (equivalent to approximately US$73 million), with a term of three years, from Huarong International Trust Co., Ltd. to support LDK Solar's polysilicon plant construction. Huarong International Trust Co., Ltd. is a state-controlled company permitted under the relevant PRC laws and regulations to provide enterprises with financing facilities. LDK Solar had a healthy cash position of more than $250 million and pledged bank deposits and time deposits of more than $170 million as of June 30, 2009.[SM]

QuickLogic Corporation (NASDAQ: QUIK) updated its Q2 outlook. QuikLogic expects total Q2 revenue to be between $2.8 million and $3.0 million, which is below the guidance issued on April 28, 2009 versus consensus estimates of $4.90.
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Xilinx, Inc. (Nasdaq: XLNX) provided updated financial guidance for the June quarter of fiscal 2010. June quarter sales are expected to be down approximately 5% sequentially. This is a revision from previous sales guidance of down 4% to up 4% sequentially. The shortfall in sales is primarily due to supply constraints on certain Virtex-5 devices that are in high demand. Xilinx currently expects most of the existing delinquency issues to be resolved in the September quarter.

Gross margin guidance of 61% to 63% and operating expense guidance of flat to slightly down sequentially remain unchanged.
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MSC Industrial Direct Co. Inc. (NYSE: MSM) reports Q3 EPS of $0.44, versus the consensus of $0.38. Revenues came in at $350.5 million, versus the consensus of $344.3 million.

Sees Q4 EPS of $0.33-$0.37, versus the consensus of $0.36. Sees Q4 revs of $336-$348 million, versus the consensus of $346.4 million.