Hanwha SolarOne Co. (HSOL) Misses Q3 Views; Lowers FY11 Shipments Outlook
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Hanwha SolarOne Co., Ltd. (NASDAQ: HSOL) reported Q3 EPS of $0.55, $0.63 better than the analyst estimate of ($0.08). Revenue for the quarter came in at $225.4 million versus the consensus estimate of $280.2 million.
PV module shipments, including module processing services, were 200.9 MW, a decrease of 2.5% from 205.9 MW in 2Q11 and a decrease of 10.3% from 3Q10.
Sees FY11 module shipments to be approximately 815 – 835 MW, which has been reduced from the Company's previous guidance of 1 GW.
PV module shipments, including module processing services, were 200.9 MW, a decrease of 2.5% from 205.9 MW in 2Q11 and a decrease of 10.3% from 3Q10.
Sees FY11 module shipments to be approximately 815 – 835 MW, which has been reduced from the Company's previous guidance of 1 GW.
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