That helped narrow its loss in the quarter to $4.5m, $0.02 per share, a 53% improvement from its $9.6m loss in the first quarter of 2010.

The company says its earnings were lowered by $0.02 per share because of the earthquake in Japan, while unfavourable legal outcomes shaved off $0.05.

By segment, MEMC’s Solar Materials business increased operating profit in the quarter more than threefold to $38.1m