Shares of MEMC Electronic fall off 10.1% premarket after the firm misses estimates on Q3...

|By:, SA News Editor

Shares of MEMC Electronic fall off 10.1% premarket after the firm misses estimates on Q3 earnings and revenue. The company also lowered its outlook for full-year earnings due to an oversupply of solar panels in the market, saying it now sees EPS falling between $0.16-$0.36 inclusive of a $0.25 Q3 goodwill impairment charge.