BeaconEquity.com announces the publication of ‘Energy Conversion Devices Inc. (ENER) Looks to Sustain Positive Results, To Report Q4/FY 2008 Results’
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Energy Conversion Devices Inc. (ENER) Looks to Sustain Positive Results, To Report Q4/FY 2008 Results
”After reaching profitability for Q3 fiscal 2008 - with net income of 17 cents per share on $70 million revenues, Energy Conversion Devices Inc. (ECD) announces the release of its financial results for the fourth quarter and fiscal year ended June 30, 2008, on Thursday, August 28, 2008, before the market’s open…
“Following the report on substantial increase in sustainable gross margin and $6 million in positive operating cash flow for the fiscal third quarter - which was driven by better factory utilization and yield - and favorable customer/product mix, ECD has updated its fourth quarter/fiscal year 2008 guidance…
“The leading global manufacturer of thin-film flexible solar laminate products for the building integrated and commercial rooftop markets is expecting its total consolidated revenues to be between $73 and $78 million for the fiscal fourth quarter ending June 30, 2008, and between $246 and $251 million for fiscal 2008…”
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