Evergreen Solar Q3 Revenues Light; Q4 Outlook Mixed

Evergreen Solar (ESLR) posted third-quarter revenue of $18.19 million, well short of the Street consensus of $24.98 million. The company lost four cents a share in the quarter, less than the Street estimate of a loss of 10 cents a share. Evergreen said a sequential decline in product sales in the quarter–to $17.8 million from $18.1 million–reflects slightly lower ASPs due to the stronger dollar.

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