GT Solar FY Q2 Matches Recent Guidance - Eric Savitz (Barron's)

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GT Solar FY Q2 Matches Recent Guidance
Nov 09, 2009 09:48 PM UTC

Eric Savitz (Barron's)

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Symbol	Sentiment	Start	Return	Closed
SOLR	n/a

Via BARRONS.com: Tech Trader Daily - Barron's Online:

GT Solar (SOLR) reported revenue for its fiscal Q2 ended September 26 of $104.2 million, consistent with recent guidance of $100 million to $105 million. EPS of 6 cents a share was also inline with the recent forecast of 6-7 cents.

SOLR also repeated its previous forecast for the fiscal year ended April 3, 2010, for revenue of $450 million to $550 million, and EPS of 45-60 cents.

In late trading, SOLR is unchanged at $5.54.

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