Monday, August 25, 2008

LDK's 2009 revenue outlook above estimate (LDK)

LDK is up 7% in early pre-market trade.
From Forbes:

LDK Solar Co. Ltd. on Monday projected 2009 revenue above Wall
Street estimates as the China-based solar wafer maker said it met its
goal of expanding its wafer production capacity ahead of schedule.

LDK said it expects revenue between $2.8 billion and $3 billion for
2009. It also expects to ship between 1.45 gigawatts and 1.55 gigawatts
of wafer shipments for next year.

Analysts surveyed by Thomson Reuters expect full-year revenue of $2.43

billion for next year....MORE

Here's the press release via EarthTimes