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Strategies & Market Trends : Turnarund Investing
NOVS 0.0666-16.0%Aug 1 5:00 PM EST

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To: Covenant who wrote (1002)5/3/2012 4:24:54 PM
From: John Vosilla   of 1876
 
LIVE: FIRST SOLAR POSTS BIG LOSS AS REVENUE COLLAPSES

Solar panel manufacturer First Solar reported a net loss of $0.08 per share during the first three months of the year as revenue declined some 12 percent.

Revenue for the first quarter of 2012 came in at $497.1 million, as prices continued to fall across the industry.

Analysts polled by Bloomberg had forecast top line results of $678.8 million and earnings per share of $0.48.

finance.yahoo.com
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