Key Developments For GT Solar International, Inc.
GT Solar International, Inc. (SOLR.O) (Nasdaq)
GT Solar International, Inc. Reaffirms FY 2010 Guidance
GT Solar International, Inc. announced that its guidance for fiscal 2010, for revenue of $450 to $550 million and fully diluted earnings per share (EPS) of $0.45 to $0.60, remains unchanged. According to Reuters Estimates, analysts on an average are expecting the Company to report EPS of $0.51 on revenue of $514 million for the same period.
GT Solar International, Inc. Issues Q2 2010 Guidance; Revenue Guidance Above Analysts' Estimates'; Reaffirms FY 2010 Guidance
GT Solar International, Inc. announced that for second quarter of 2010, it expects revenue in the range of $100-$105 million, net income in the range of $9-$10 million and earnings per fully diluted share (EPS) of $0.06-$0.07. The Company reaffirmed its revenue and earnings per fully diluted share guidance for the fiscal 2010 in the ranges of $450-$550 million and $0.45 to $0.60, respectively. According to Reuters Estimates, analysts were expecting the Company to report revenues of $87 million, net profit of $10 million and EPS of $0.06 for second quarter of 2010; revenues of $510 million and EPS of $0.52 for fiscal 2010.
GT Solar International, Inc. Announces CEO Transition As Tom Gutierrez Succeeds Tom Zarrella
GT Solar International, Inc. announced a Chief Executive Officer (CEO) transition: Tom Gutierrez has been elected President, Chief Executive Officer and a member of the Board of Directors, succeeding Tom Zarrella, who served as GT Solar President, CEO and a Director since 2007 and in a senior management role since 2004. The changes were effective on October 28, 2009.
GT Solar International, Inc. Reaffirms FY 2010 Guidance
GT Solar International, Inc. announced that it is on track with its guidance provided last quarter for fiscal 2010, for revenue of $450-$550 million and fully diluted earnings per share (EPS) of $0.45-$0.60. According to Reuters Estimates, analysts were expecting the Company to report revenues of $510 million and EPS of $0.52 for the same period.
GT Solar International, Inc. Announces Resignation of CFO Bob Woodbury
GT Solar International, Inc. announced that its Chief Financial Officer(CFO), Robert Woodbury, has resigned for personal reasons, effective immediately. Woodbury has served as CFO of GT Solar since January 2008. Richard Johnson, Vice President, Finance and Controller, will lead the Finance organization on an interim basis.
