Energy Conversion Devices, Inc. (Public, NASDAQ:ENER) 2009 Outlook

Energy Conversion Devices, Inc. Issues Q3, FY 2009 Outlook Below Analysts' Estimates

Energy Conversion Devices, Inc. announced that for the third quarter of 2009, it expects consolidated revenues are expected to be $95-$110 million. For fiscal 2009, the Company expects consolidated revenues are expected to be $395-$440 million. According to Reuters Estimates, analysts were expecting the Company to report revenue of $119 million for the third quarter of 2009; revenue of $451 million for fiscal 2009.

Source: Reuters


ENER is up today 4% on the pre-market.

Labels: Earnings, ENER, Energy Conversion Devices Inc, solarstocks

posted by Ertai at 8:09 AM