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Evergreen Solar Earnings Call 
 
Evergreen Solar Earnings Call, Fourth Quarter 2008
25th February 2009 00:00 AM
Evergreen Solar's gross margin for 2008 was 16.9% compared to 24.4% for 2007, due to higher costs associated with manufacturing inefficiencies.
The solar power products manufacturer reported a net loss of $52.1 million, or 32 cents per share, including $23.1 million for the closure of the Marlboro pilot facility, $8 million for the write-off of research and development equipment and $9.7 million of start up costs for Devens and Midland.
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Evergreen Solar Earnings Call, Third Quarter 2008
19th October 2008 00:00 AM
The company attributed the wider loss of $23.8 million to start-up expenses at its facility in Devens, Mass., as well as foreign exchange losses.
Product sales were $17.8 million compared to $15.4 million in the third quarter of 2007. Operating expenses more than doubled to $23.4 million from $10.8 million, with facility startup and equipment write-off costs taking up the biggest chunk: $11.3 million. For Q4, the company expects a loss of 8 cents to 12 cents per share on revenue of about $45 million to $55 million, while analysts expect a loss of 7 cents per share on revenue of $43.1 million.
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Evergreen Solar Earnings Call, Second Quarter 2008
31st August 2008 00:00 AM
Net loss widened to $8.9 million as the company spent on a new facility.
Revenue jumped 48% to $22.8 million, from $15.4 million last year. Operating expenses jumped to $15.2 million from $7.2 million. Evergreen Solar spent about $11.3 million in the period related to the first phase of operations at its Devens, Mass., facility and the ramp down of its Marlboro site. For Q3, the company expects to post a loss of 10 cents per share on revenue of $24.5 million to $25.5 million.
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