Suntech Power (STP) issues downside guidance for Q2 revenues, foreseeing $471M vs. $473M...

|About: Suntech Power Holdings Co.,... (STP)|By:, SA News Editor

Suntech Power (STP) issues downside guidance for Q2 revenues, foreseeing $471M vs. $473M consensus estimate, and expects Q3 shipments of PV products flat Q/Q. STP now expects 2012 annual PV shipments of 1.8-2.0 GW vs. previous guidance of 2.1-2.5 GW.