LDK Solar (LDK) is out with an update tonight on results of the 2nd quarter. The company sees Q2 revenues in the range of $225 – 235 million which is about inline with the analyst estimates and slightly above its previous estimated range. However, the company expects to post a sizable loss of $180 – 200 million in the quarter mainly due to inventory write downs of $150 – 160 million. They are estimating shipments for the quarter at 230 – 240MW.
Shares are up just a bit in after hours trading.
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