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GT Advanced Technologies (GTAT): Q4 EPS of -$0.15 misses by $0.07. Revenue of $102.3M. (PR)

GT Advanced Technologies (GTAT): Q4 EPS of -$0.15 misses by $0.07. Revenue of $102.3M. (PR)
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Comments (2)
  • Furbonacci
    , contributor
    Comments (370) | Send Message
     
    This was basically a complete write down of old technology. New tech on the horizon for solar this year and for sapphire in 2014. This is going to be the worst Q #'s you will see until the next down cycle, but if GTAT continues to diversify it may not get this bad for a very long time. $3 is the bottom. Still have 418M in cash. only 350M market cap.
    27 Feb 2013, 05:55 PM Reply Like
  • sdhollander
    , contributor
    Comments (2) | Send Message
     
    I like the way their CEO sold all of his stock over a year ago when the stock was doing very well and indicating that he needed cash. All the while indicating that the company was well diversified and would not be impacted the same way that the other solar companys were. I wouldnt trust him with a wooden nickel!!
    28 Feb 2013, 06:38 AM Reply Like
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