LDK Solar Posts Q4 Profit Of $49.2 Mln; Guides Q1; Backs FY08 Revenue Outlook - Quick Facts

(RTTNews) - LDK Solar Co. Ltd. (LDK | news | PowerRating | PR Charts ) reported net income of $49.2 million or $0.44 per ADS for the fourth quarter of fiscal 2007.

Net sales for the fourth quarter were $192.8 million, up 212% year-over-year from $61.9 million in the fourth quarter of fiscal 2006.

For the first quarter of fiscal 2008, LDK estimates earnings of $0.41 to $0.45 per ADS and revenue to be in the range of $210 million to $220 million.

For the full year 2008, LDK reiterates estimated revenue to be in the range of $960 million to $1.0 billion.

For comments and feedback: contact editorial@rttnews.com Copyright(c) 2008 RealTimeTraders.com, Inc. All Rights Reserved

More News:   Market Updates | Stock Alerts | All Trading News | Stock Index