IHS Chemical Week

Markets :: Specialty Chemicals :: Electronic chemicals

MEMC swings to profit as solar results improve

3:43 PM MST | November 7, 2012 | Vincent Valk

MEMC Electronic Materials swung to a third-quarter profit of $37 million, compared with a loss of $77 million in the year-ago quarter. Earnings totaled 16 cts/share, compared with analysts’ consensus of a 12 cts/share loss, as reported by Thomson Reuters (New York). Sales were up 17% year-on-year (YOY), to $602 million.   Solar energy sales were up 46% YOY, to $361 million, though they declined 37% sequentially. The YOY increase was due to an improvement in solar project and solar module sales from an extremely weak level in the year-ago quarter. The...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.


contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa