MEMC Electronics (WFR) is up about 5% in after hours trading following a decent earnings report in which the company posted better than expected revenue numbers and minus a one time charge related to Lehman bonds, posted earnings in line with estimates at .88/share. 

The company did however guide lower for next quarter and sees revenue of 540 – 600 million, which is below the consensus of 608 million.  It’s blaming the lowered guidance on … Read the rest