STR Holdings, Inc. (STRI) Monday lowered its outlook for the second quarter. The company currently expects breakeven earnings for the second quarter. The company previously announced a guidance range of $0.00 to $0.02 per share.
On average, nine analysts polled by Thomson Reuters currently expect the company to report breakeven earnings for the quarter. Analysts' estimates typically exclude special items.
The company also lowered its second-quarter revenue outlook to $25 million, down from the previous range of $31 million to $33 million. Analysts are expecting revenues of 31.91 million.
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