Companies )MEMC Provides 2010 Financial Guidance |
| Published 04 February 2010 |
| MEMC Electronic Materials, Inc. today provided financial guidance for 2010. Full Year 2010 Outlook For 2010 the company expects: --Revenue of $1.75 to $1.85 billion --EPS of $0.70-$0.80 --Positive Free Cash Flow Ahmad Chatila, MEMC's Chief Executive Officer, commented, "As a result of our significant efforts in 2009 to strengthen customer relationships and drive operational improvements, our strategic acquisition of SunEdison, and the improving economic environment, we have increasing confidence that 2010 will be a good year for MEMC." The company expects to provide results and reviews for three reported segments in 2010. The chart below illustrates the company's 2009 actual results and the 2010 guidance, along with additional information which has been provided to facilitate the adjustment of financial models to these new reporting segments. |
| Source: MEMC |
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