A123 Systems (AONE) reported results after the bell today that indicated the red ink continues to flow as the company missed analyst estimates and reported the 3rd straight quarter of accelerating losses while revenues remain relatively stagnant. The company reported a non GAAP loss of .42/share vs the analyst estimate of a .30/share loss on revenues of $26 million which basically matched the analyst estimate. To make matters worse, they also indicated that their production … Read the rest
All posts by Tate Dwinnell
LDK Smashes Estimates, Raises Guidance, Shares Gap Up
The Chinese solar companies continue to report impressive growth and LDK Solar (LDK) is no exception as the company smashed analyst estimates this morning and raised guidance way above expectations. The company reported a non GAAP EPS number of .72/share vs the analyst estimate of just .43/share on revenues of $675 million vs the estimate of $628 million. Those numbers represent quarter over quarter growth of 167% and 140% respectively.
Solarfun (SOLF) Beats & Raises Guidance, But Shares Down On Follow On Offering
Solarfun (SOLF) has reported earnings results this morning that beat analyst estimates, but the stock is being pressured on news the company will raise funds in a follow on offering and will look to sell nearly $70 million in shares.
The company reported a non GAAP EPS of .69/share vs the analyst estimate of .49/share on revenues of $327 million vs the analyst estimate of $287 million. That’s another quarter of huge growth with quarter … Read the rest
EnerNOC (ENOC) Beats, But Guidance Disappoints, Shares Down 10%
EnerNOC (ENOC) reported good earnings results that beat analyst estimates, but the stock is trading down more than 10% most likely due to weaker than expected guidance. The company reported a non GAAP EPS of $1.81/share vs the analyst estimate of $1.56 on revenues of $162.8 million vs the analyst estimate of $160.8 million. Those numbers represent quarter over quarter growth of 39% in EPS and 58% in revenues, so a nice quarter.
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Clean Energy Fuels (CLNE) Misses, Shares Pressured
Shares of Clean Energy Fuels (CLNE) are under pressure today after the company announced results that missed analyst estimates both on the EPS and revenue side. The company reported a non GAAP EPS of (.10) share vs the analyst estimate of a .07/share loss on revenues of $45.7 million vs the analyst estimate for $51 million. While the revenue number represents the 4th consecutive quarter of quarter over quarter growth, the losses continue to pile … Read the rest
China Intelligent Lighting (CIL) Reports Mixed Results
China Intelligent Lighting (CIL), the only China LED stock on a major US exchange, has reported solid results this morning but missed a bit on the EPS side. The company posted an EPS of .17/share vs the analyst estimate of .20 on revenues of $20.25 million vs the analyst estimate of $18.6 million.
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Ms. Li Xuemei, Chairman and Chief Executive Officer of China … Read the rest
JA Solar (JASO) Beats & Raises, Shares Up 5% Pre-Market
JA Solar (JASO) is reporting strong results this morning, beating analyst estimates and raising guidance. The company reported a GAAP EPS of .47/share and while the company doesn’t report a non GAAP number it looks like to me the non GAAP is .36/share which beats the analyst estimate of .34/share. I’ll update this post if I’ve calculated that non GAAP number incorrectly. Either way, the company beats. Revenues beat as well coming in at $541 … Read the rest
Capstone Turbine (CPST) Releases Ultra Low Emission CR200 KW Microturbine
Capstone Turbine just announced that it has released a new product: the Ultra Low Emission CR200 kW. The new microturbine is used for producing energy from waste gas and meets California’s Waste Gas Emission Standards, and is able to burn waste gas with methane levels as low as 30%.
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In a press release,Darren Jamison, President and Chief Executive Officer of Capstone Turbine Corporation, commented on the … Read the rest
Evergreen Solar (ESLR) Provides 12MW Worth Of Panels To Czech Republic
Evergreen Solar has announced that their String Ribbon solar panels have been used in a total of 9 solar installations in the Czech Republic, to provide a total of 12MW of power. The installations were carried out by Czech IT company NWT. The latest of these installations is a 3.5MW plan which is currently being built near the Czech city of Rostin.
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In … Read the rest
Yingli Green Energy (YGE) Ups Guidance At Investor Conference
At a Chinese investor conference held earlier in the week, Mr. Zongwei Li, Director and Chief Financial Officer of Yingli
Green Energy, upped the company’s guidance and announced that they have signed 575MW worth of sales contracts.
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Mr. Li said that he expects Yingli to close on 1000 MW worth of contracts by the end of the year, and that he expects gross margins … Read the rest