GT Advanced Technologies (GTAT) reported good earnings results yesterday, beating analyst estimates. The company reported an EPS of .12/share on revenues of $153 million vs the expectations for .08/share on revenues of $146 million. However, it’s still well below the year ago quarter when the company posted $263 million in revenue as the solar market continues to struggle. There are some positive signs though particularly with the surge in demand in Germany which has helped … Read the rest
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GT Advanced Technologies (GTAT) Breaks Out Of Downtrend On $47.7 Million Saudi Order
On Friday, shares of GT Advanced Technologies (GTAT) broke out of a multi-month downtrend with heavy volume after the company announced that it had landed a $47.7 million order for its polysilicon production equipment from a company in Saudi Arabia. Delivery of the order is expected to begin in the latter of half of next year and be completed by the end of the year.
=== > Click Here For Your FREE GT Advanced Technologies … Read the rest