Though the revision is relatively modest, and will not be affirmed until the company releases its official results in November, the rosier outlook is a welcome bit of good news for a company that has seen its share price fall 20% in the last month, and 40% in the last three months.
LDK now expects wafer shipments to come in between 310 megawatts (MW) and 330MW in the third quarter, up from its previous guidance of 260MW to 300MW.
However,