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More on LDK Solar's (LDK) Q1 results: Shipped 240 MW of wafers, 31.4 MW of cells and modules....

More on LDK Solar's (LDK) Q1 results: Shipped 240 MW of wafers, 31.4 MW of cells and modules. Gross margin was -57% vs. -71.4% in Q4 and -65.5% in Q1 a year ago. Only $174M in cash at end of Q1. Sees Q2 revenues of $100M-150M vs. $138.3M consensus estimate; sees wafer shipments at 250-300 MW and cell and module shipments at 30-40 MW. LDK -10.4% premarket.
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