NEW YORK, November 6, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting First Solar, Inc. (NASDAQ: FSLR), Canadian Solar Inc. (NASDAQ: CSIQ), Yingli Green Energy Holding Co. Ltd. (NYSE: YGE), MagnaChip Semiconductor Corporation (NYSE: MX), and Lattice Semiconductor Corporation (NASDAQ: LSCC). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
First Solar, Inc. Research Report
On October 31, 2013, First Solar, Inc. (First Solar) released its Q3 2013 results. First Solar registered net sales of $1.3 billion in Q3 2013, up 50.8% YoY. The Company reported net income of $195.0 million in Q3 2013, up 121.8% YoY. First Solar reported diluted EPS of $1.94 in Q3 2013, compared to $1.00 in Q3 2012. Commenting on the results, Jim Hughes, CEO of First Solar, said, "During the quarter we delivered on several key objectives, including additional bookings of 860MWdc, significant reductions to our module manufacturing cost, and strong financial performance. With these encouraging results achieved, we move forward, focusing on strengthening our leadership position in the marketplace and achieving our strategic objectives for future success." The Full Research Report on First Solar, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.AnalystsCorner.com/r/full_research_report/fe98_FSLR]
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Canadian Solar Inc. Research Report
On October 30, 2013, Canadian Solar Inc. (Canadian Solar) announced that it has signed a financing agreement pursuant to which Deutsche Bank has agreed to provide CAD$104 million in non-recourse, short-term construction financing to Canadian Solar for the construction of solar power projects in Ontario, Canada. According to the Company, the loans are expected to be repaid with the proceeds of the sale of the respective financed projects. Dr. Shawn Qu, Chairman and CEO of Canadian Solar, commented, "This is the second construction loan package we have signed with Deutsche Bank. We thank Deutsche Bank for its continued partnership, which underscores the strength of our Tier 1 position in the solar industry and our prospects for profitable growth. The support of global financial institutions, like Deutsche Bank, allows us to expand our actionable pipeline of the quality projects which our investors would like to acquire." The Full Research Report on Canadian Solar Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.AnalystsCorner.com/r/full_research_report/3fbd_CSIQ]
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Yingli Green Energy Holding Co. Ltd. Research Report
On October 24, 2013, Yingli Green Energy Holding Co. Ltd. (Yingli Green Energy) announced that its wholly-owned subsidiary, Yingli Energy (China) Company Limited (Yingli China), will supply 59 MW of multicrystalline YGE Series PV modules to China Three Gorges New Energy Co., Ltd. (CTGNE), a wholly-owned subsidiary of China Three Gorges Corporation. Liansheng Miao, Chairman and CEO of Yingli Green Energy, said, "We are delighted to further enhance our partnership with CTGNE, to whom we have supplied over 100 MW of PV modules in the past. Our on-going collaboration with large scale project developers like CTGNE is indicative of our strong leadership position in China, which is based on our superior product quality, well-recognized brand, and convenient after-sales service." Miao continued, "In addition, we have observed improved price and payment terms in recently signed agreements, which is evidence of China's domestic market growing more rational due to gradually balanced supply-demand." The Full Research Report on Yingli Green Energy Holding Co. Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.AnalystsCorner.com/r/full_research_report/a8c1_YGE]
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MagnaChip Semiconductor Corporation Research Report
On October 29, 2013, MagnaChip Semiconductor Corporation (MagnaChip) released its Q3 2013 results. MagnaChip registered revenue of $217.8 million, up 1.2% YoY. The Company posted net income of $46.7 million, down 3.6% YoY in Q3 2013. MagnaChip reported diluted EPS of $1.24, down compared to $1.30 in Q3 2013. Sang Park, MagnaChip's Chairman and CEO, commented, "We are pleased to have delivered results that met our financial guidance for the eleventh consecutive quarter. We met our revenue and gross margin guidance through a combination of product and customer diversification and the successful launch of a new product line for our Power Solutions Division." The Full Research Report on MagnaChip Semiconductor Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.AnalystsCorner.com/r/full_research_report/d08c_MX]
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Lattice Semiconductor Corporation Research Report
On October 24, 2013, Lattice Semiconductor Corporation (Lattice Semiconductor) released its Q3 FY 2013 results (period ended September 28, 2013). Lattice Semiconductor registered revenues of $87.2 million in Q3 FY 2013, up 23.0% YoY. The Company posted net income of $8.2 million in Q3 FY 2013, compared to a net loss of $2.2 million in Q3 FY 2012. Lattice Semiconductor reported diluted EPS of $0.07 in Q3 FY 2013, up 75% YoY. Darin G. Billerbeck, President and CEO, said, "For the second consecutive quarter, the Company achieved record revenue levels, while maintaining a healthy gross margin and improving our net income per share. Growth was driven by our consumer end market and increased new product category sales. The broader communications market in Asia continues to rebound, while worldwide computing and industrial markets are lagging. Overall, we continue to be confident and encouraged by the successful execution of our business strategy, along with our customer and market diversification efforts." The Full Research Report on Lattice Semiconductor Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.AnalystsCorner.com/r/full_research_report/82af_LSCC]
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