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SmartHeat (HEAT) Posts Slightly Wider than Expected Q3 Loss; Revises FY11 Revs Outlook

November 8, 2011 6:57 AM EST
SmartHeat, Inc. (NASDAQ: HEAT) reported Q3 loss of ($0.10), $0.01 worse than the analyst estimate of ($0.09). Revenue for the quarter came in at $16.57 million versus the consensus estimate of $16 million.

Sees FY2011 revenue of $40-$50 million, versus the consensus of $42.97 million.


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