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SmartHeat (HEAT) -17.5% after abysmal Q1 results: EPS of -$0.10 vs. $0.05 consensus; revenue...

SmartHeat (HEAT) -17.5% after abysmal Q1 results: EPS of -$0.10 vs. $0.05 consensus; revenue -16% to $8M vs. $11M consensus. Issues downside FY'11 guidance: EPS likely to be $0.25-0.36 vs. $0.60-0.80 prior guidance; revenue of $63M-93M vs. $120M-150M prior guidance.
Comments (1)
  • wind4me
    , contributor
    Comments (876) | Send Message
     
    China government obviously slowing spending!
    10 May 2011, 09:01 AM Reply Like
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