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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Donald Wennerstrom who wrote (59845)	5/9/2013 8:07:29 PM
From: Donald Wennerstrom	1 Recommendation Read Replies (1) \| Respond to of 95358

MEMC Elec misses by $0.02, beats on revs; guides Q2, FY13 6:14 AM ET 5/9/13 \| Briefing.com Reports Q1 (Mar) loss of $0.16 per share, $0.02 worse than the Capital IQ Consensus Estimate of ($0.14); revenues fell 17.7% year/year to $431.3 mln vs the $423.13 mln consensus. "We grew revenue in our Semiconductor Materials segment and again generated cash despite a continued industry slowdown, and we expect to see improving performance through the year. Sales in our Solar Energy segment were soft due to a downward adjustment of our development spending rate last year. We expect the recent increase in construction activity to produce better results later this year. In addition, during the quarter we grew both our pipeline and backlog." Guidance: Q2: Semiconductor Materials revenue between $235 mln and $245 mln Solar energy systems total non-GAAP sales volume in the range of 29 MW to 54 MW Solar energy systems MW retained on the balance sheet between 0 MW and 3 MW Fully-developed solar energy systems average project pricing between $3.40/watt and $3.55/watt Capital spending between $30 mln and $40 mln FY13: Semiconductor Materials revenue between $960 mln and $1 bln Solar energy systems total non-GAAP sales volume in the range of 430 MW to 500 MW Solar energy systems MW retained on the balance sheet between 50 MW and 100 MW Total solar energy systems average project pricing between $3.10/watt and $3.40/watt Capital spending between $120 mln and $140 mln.