JA Solar (JASO) Lowers Q4 Guidance

December 10, 2008 3:47 PM EST

JA Solar Holdings Co., Ltd., (Nasdaq: JASO) lowers its Q4 sales guidance from $191.5-$220.9 million to about $124 million. The Street is currently expecting Q4 sales of $231.28 million.

Also sees gross margins in the range of 5-7% and non-GAAP EPS of about $0.00. The Street estimate is for EPS of $0.06.

JA Solar Holdings Co., Ltd., through its subsidiaries, engages in the design, development, manufacture, and sale of photovoltaic solar cells in the People's Republic of China and internationally.


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