WASHINGTON (dpa-AFX) - GT Solar International, Inc. (SOLR) Monday said it now expects first quarter fiscal 2012 revenue of approximately $225 million. Earnings per share for the period is now expected to be approximately $0.30.
Previously, the company expected revenues between $140 million to $150 million, and earnings per share in the range of $0.08 to $0.11.
Street analysts expect earnings of $0.15 per share on revenues of $160.85 million for the period.
Further, the company reiterated its full fiscal year 2012 guidance of revenues in the range of $1.0 billion to $1.1 billion; and earnings per share in the range of $1.55 to $1.85.
Street analysts expect earnings of $1.67 per share on revenues of $1.05 billion for the period.
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