Yingli Green Energy (YGE) Revises Second Quarter Guidance
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Yingli Green Energy Holding Company Limited (NYSE: YGE) today updated its guidance for the second quarter of 2011.
The Company now expects its PV module shipments for the second quarter of 2011 to increase by the range of 35% to 37% quarter over quarter, compared to its previously provided guidance of a more than 30% increase in shipments quarter over quarter.
Additionally, the Company reaffirms its previously provided guidance of a low to middle twenties percentage gross margin for the second quarter of 2011.
The Company now expects its PV module shipments for the second quarter of 2011 to increase by the range of 35% to 37% quarter over quarter, compared to its previously provided guidance of a more than 30% increase in shipments quarter over quarter.
Additionally, the Company reaffirms its previously provided guidance of a low to middle twenties percentage gross margin for the second quarter of 2011.
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