PWER down 25% Q4 from last year, is the worst behind or continued weakness ahead?
Power posted $267M revenue Q4, 2011 and now looking at $195M which is 25% down.
When every solar company is recovering is sales revenue, PWER is not.
- Why did it take so much time to get UL certifications of products to sell in the U.S.? Everyone knew Europe would tank and SPWR, FSLR managed get U.S. and Japan business to compensate for the loss of Europe business. PWER didn't!
- At the time of Q3 announcement there were already 30 days in Q4. Can't they forecast Q4 for the next 60days?
For most Solar stocks, worst is behind and have tripled from their lows.