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Non-Tech : Alternative energy -- Ignore unavailable to you. Want to Upgrade?

To: Eric who wrote (8710)	7/29/2010 5:06:01 PM
From: Jacob Snyder	Respond to of 16955

FSLR 2Q10: Beat on sales (541M$ expected, made 588M$) Beat on earnings ($1.60 expected, made 1.84) Raised FY EPS guidance to $7.20 midpoint Manufacturing costs falling sharply, to $0.76/w (from $0.87/w year-ago) Gross margin 48%, which no competitor can come anywhere near matching. 11.2% efficiency, continues slow uptrend. Demand exceeds supply through end-2010. 2H demand in Germany strong, 6-8GW total in 2010, in spite of subsidy cuts. valuation: PE = 17 = (135 - 11)/7.20 = stock price minus cash/share divided by 2010 GAAP EPS PEG = 0.68 = 17/25 phx.corporate-ir.net phx.corporate-ir.net