Friday, March 30, 2007

UPDATE 1-JA Solar sees Q1 rev above analysts' view, shares rise

(Reuters) - The American Depository shares of the company rose more than 10 percent to $19.31 in early morning on the Nasdaq.

JA Solar, which makes solar cells, said it sees first-quarter revenue of about $39 million to $41 million. Four analysts on average expect the company to post revenue of $38.2 million, according to Reuters Estimates.


Read more at Reuters.com Market News

No comments: