GT Solar (SOLR) Tops Q4 Views; Raises FY12 Outlook

May 23, 2011 4:17 PM EDT
GT Solar International, Inc. (NASDAQ: SOLR) reported Q4 EPS of $0.41, $0.07 better than the analyst estimate of $0.34. Revenue for the quarter came in at $271.6 million versus the consensus estimate of $223.64 million.

Raises its FY2012 EPS guidance to $1.55-$1.85, versus prior guidance of $1.25-$1.50 and the consensus of $1.45. Sales move from $850 million-$1 billion to $1-$1.1 billion, versus the consensus of $966.41 million.


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