Solarfun Soars on Season's Most Impressive Solar Earnings

Solarfun (SOLF) reported what has probably been one of the most impressive solar earnings reports this earnings season. Not only did the company properly hedge to avoid currency exchange losses, but they reported record revenues and smashed analyst estimates. No wonder the stock was up nearly 20% at one point on Wednesday.

The non GAAP EPS of .40 was more than double what analysts expected (.19). Revenues beat as well, coming in at $216 million vs the analyst estimate of $192 million.

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