Tag Archives: outlook

LDK Solar Updates Outlook For 2nd Quarter And Takes Out Additional Loans

LDK Solar just announced that is has revised its outlook for the 2nd quarter. According to Reuters, the revised outlook is still disappointing, with revenue down from $283.3 million in the first quarter to between $215 to $225 million in the second quarter.  The estimates are between $25 and $35 million lower than what analysts had expected, as well.  However, the company did raise the amount of second-quarter wafer shipments that it expects to ship … Read the rest