Solar module component maker SatCon (SATC -23.8%) continues its year-long swoon after reporting...

|About: SatCon Technology Corp. (SATCQ)|By:, SA News Editor

Solar module component maker SatCon (SATC -23.8%) continues its year-long swoon after reporting Q2 revenue of $45.5M (+65% Y/Y) and EPS of -$0.18, missing consensus by $0.4M and $0.06. Gross margin fell to 8% from 20.8% in Q2 2010. The company expects Q3 revenue of $45M-$52M, well below a $62M consensus. (previously) (transcript)