LDK Solar Co., Ltd. Issues Q2 Revenue Guidance

LDK Solar Co., Ltd. announced that for the second quarter 2010, it expects revenue of between $460 and $490 million. For fiscal 2010, it expects revenue to be in the range of $1.6 to $1.7 billion. According to Reuters Estimates, analysts were expecting the Company to report revenue of $377 million for the second quarter of 2010; revenue of $1.4 billion for fiscal 2010.
Source: Reuters

The chart looks bumpy for LDK Solar, but this might be a bullish short-term trend forming:

Labels: LDK, LDK Solar, solar charts, Solar Stocks

posted by Ertai at 9:00 AM