American Superconductor (AMSC) reported Q2 results this morning with an EPS of $0.28, 4 cents better than the analyst estimate on revenues of $97.2 million, which beat estimates calling for $93.43 million. That represents a more than doubling of profits over the year ago quarter on revenues that were 32% higher than the year ago quarter. Gross margins increased 10% to 40% over the year ago quarter. Another strong quarter out of AMSC which makes … Read the rest
Tag Archives: earnings
Green Plains Renewable Energy (GPRE) Reports Mixed Results; Expects To Remain Profitable
Green Plains Renewable (GPRE) reported mixed results after the bell today, but it still represented another quarter of big quarter over quarter growth. The company missed the EPS analyst estimate of .36, posting .27, but came in ahead of analyst estimates on the revenue side, posting $453 million vs the estimate of $426 million. If my math is correct that’s an 800% increase in earnings over the year ago quarter and a 60% surge in … Read the rest
Itron (ITRI) Surging 10% After Posting Strong Earnings
It’s been a rough few months for Itron (ITRI), culminating in a 10% plunge several days on news it has likely lost a big smart meter deal with Sempra Energy (SRE) to Esco Technologies (ESE). After the bell today, the stock is continuing to erase that loss after the company reported strong results after the bell.
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Itron (ITRI) smashed analyst estimates, posting a Q2 non-GAAP EPS … Read the rest
Profit Explosion At Veeco Instruments (VECO), Beats By .18
What a quarter out of Veeco Instruments (VECO)! LED lighting demand remains on fire with the company smashing analyst estimates by .18/share after the bell today. The EPS number was more than double sequentially and an exponential jump over the year ago quarter when the company posted a loss of .15/share. Revenues were equally as impressive, jumping more than 50% sequentially and more than tripling over the year ago quarter.
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Digi International (DGII) Beats, Guides About Inline; Updates On Investigation
Digi Intl (DGII) reported results after the bell tonight that were a bit better than what analysts expected. The company reported a non GAAP Q3 EPS of $0.09, 2 cents better than the analyst estimate of $0.07. Revenue for the quarter was $47.2 million, which was a bit higher than the estimate of $46.90 million. Those numbers were about inline with what they posted a year ago and incrementally better than the previous quarter. All … Read the rest
Quantum Fuel Systems (QTWW) Reports Mixed Results
Quantum Fuel Systems (QTWW) reported results after the bell today and as expected posted another loss on weak revenues. Revenues aren’t expected to improve until next year since this is a company that is for the most part tied to the success of the Fisker Karma which is expected to begin volume production in 2011. The company reported a loss of .04/share on revenues of $3.8 million which resulted in a .01/share miss on … Read the rest
ReneSola (SOL) Issues Strong Preliminary Results, Raises Guidance
Renesola (SOL) is providing preliminary Q2 guidance this morning, beating previous estimates and is raising guidance for the 2nd half. The company reports official results on August 9th.
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* They expect total shipments for Q2 to be in the range of 250 – 260MW, exceeding previous guidance of 230 – 250MW
* Net revenues are expected to be in the range of $245 – $255 million, … Read the rest
A-Power Energy (APWR) Misses Wall St Estimates, But Surging After Raising Guidance
A-Power Energy (APWR) missed analyst estimates on both the EPS and revenue side this morning, but is surging about 10% in pre-market trading after raising guidance for this year. The company reported a non GAAP Q1 EPS of $0.05, versus the analyst estimate of $0.22. Revenue for the quarter was $67.30 million, which compares to the estimate of $82.05 million. The non GAAP EPS number excludes significant one time gains during the quarter which include … Read the rest
Suntech Power (STP) Posts Strong Quarter, Raises Guidance
Suntech Power (STP) reported earnings this morning that were just shy of analyst estimates on the EPS side due to a substantial currency exchange hit on a weakening Euro, but revenues beat analyst estimates and approached the record quarter in Q2 2008. The company posted an EPS of .11/share vs the analyst estimate of .14/share on revenues of $588 million vs the analyst estimate of $560 million. That’s a big jump over the year … Read the rest
Canadian Solar (CSIQ) Raises FY Guidance, But Shares Slammed After SEC Subpoena, Earnings Postponement
Over a month ago, Macquarie slashed its rating on Canadian Solar (CSIQ) and said it had lost credibility in management due to another EPS revision lower due to currency exchange losses. Today, that credibility takes another hit along with the price of its stock. The company announced after the bell today that it has been issued a subpoena by the SEC related to sales transactions last year. As a result, they’re delaying their earnings results … Read the rest