PEKING (dpa-AFX) - LDK Solar Co. Ltd. (LDK) announced that the company has revised its guidance for the second quarter of 2011 and fiscal 2011. LDK Solar will report second-quarter financial results, on August 29.
For the second quarter, LDK Solar revised its guidance for revenue to be in the range of $480 million to $500 million. The company previously forecasted second-quarter revenue to be in the range of $710 million to $760 million. Analysts expect the company to report second-quarter revenue of $714.00 million.
For fiscal 2011, LDK Solar revised its guidance for revenue to be in the range of $2.5 billion to $2.7 billion. The company previously forecasted fiscal 2011 revenue to be in the range of $3.5 billion to $3.7 billion. Analysts expect the company to report fiscal 2011 revenue of $3.00 billion.
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