Company Profile For GT Solar International, Inc.

GT Solar International, Inc. (SOLR.O) (Nasdaq)
sector: Technology · industry: Semiconductors ·
As of  27 Nov 2009
4.83USD
Price Change
+0.04
Percent Change
+0.84%
 
 
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Overview

GT Solar International, Inc., through its subsidiaries, is a provider of specialized manufacturing equipment and services essential for the production of photovoltaic wafers, cells and modules and polysilicon. Its principal products are directional solidification systems (DSS) units, and chemical vapor deposition (CVD) reactors and related equipment. DSS units are specialized furnaces used to melt polysilicon and cast multicrystalline ingots, from which solar wafers are made. CVD reactors are used to react gases at high temperatures and pressures to produce polysilicon, the key raw material used in solar cells. Its customers include several of the world's largest solar companies, as well as companies in the chemical industry. The Company operates through two segments: photovoltaic business and polysilicon business.

Quick Financial Synopsis

BRIEF: For the three months ended 27 June 2009, GT Solar International, Inc.'s revenues increased 26% to $71.8M. Net income increased 51% to $7.8M. Revenues reflect the the presence of income from Polysilicon business segment. Net income also reflects an increase in the gross profit margins, a decrease in amortization of intangible assets, the presence of interest expense and higher other expenses, net.

Company Address

GT Solar International, Inc.
243 Daniel Webster Highway
Merrimack   NH   03054
P: +1603.8835200
F: +1603.5956993

Total Employees

332

Find Out More About SOLR.O

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