The stock is down 66 cents (5.28%). Just yesterday we relayed "Cowen’s Stone Maintains Energy Conversion Devices at OUTPERFORM (ENER)". Today Tech Trader Daily reports:
Energy Conervsion Devices (ENER) this morning was the latest solar energy stock to post disappointing financial results.
For the fiscal fourth quarter ended June 30, the company reported revenue of $51.4 million, down from $66 million in Q3 and $82.4 million a year ago, and below the Street consensus of $56.8 million. The company lost $15.8 million or 37 cents a share in the quarter; that included 32 cents a share in special charges. Before those items, the company would have lost 5 cents a share, a penny less than the Street consensus estimate of a loss of six cents a share....MORE
I'd have to say Advantage China on this head to head (I know, totally different technologies, business models etc., but still, the Chinese are reporting some rays of hope: see TSL)