Art electricity net loses 322 million dollars in third quarter will buy back 600 million yuan stock

Art Power released its third-quarter financial results for fiscal year 2011. The report showed that the company's earnings per share exceeded analysts ' expectations in the third quarter, and that it announced a stock repurchase plan and raised earnings forecasts for fiscal year 2011.　　Affected by this, the art of electricity after the stock price rose nearly 10%. In the quarter ended December 31, the net loss was $322 million trillion, with a loss of 97 cents per share, less than a year earlier. In the third quarter of fiscal year 2010, the net loss was 82 million U.S. dollars, with a loss of 25 cents per share. Excluding one-off items such as taxes, mergers and acquisitions and restructuring spending, the 59 cents per share of the art-electricity earnings exceeded analysts ' previous forecasts.　　Analysts expect an average of 57 cents per share in the third quarter, according to a Thomson Reuters survey. The net revenue adjusted for the third quarter was $1.41 billion trillion, up 4.8% from 1.346 billion dollars a year earlier, slightly below analysts ' expectations.　　Analysts expect an average of 1.43 billion U.S. dollars in the third quarter, according to a Thomson Reuters poll. The net revenue for the 2011 fiscal year was $975 million to 1.075 billion U.S. dollars, with earnings of 38 cents to 51 cents per share, excluding one-off items, with earnings of 15 cents to 25 cents per share in the fourth quarter. It also estimates that the net revenue for fiscal 2011 will be $3.473 billion to 3.573 billion U.S. dollars, with a loss of 77 cents to 90 cents per share, excluding one-off items, with a earnings of 2011 cents to 60 cents per share in fiscal year 70, above the previously expected 50 cents to 70 cents.　　Analysts expect an average of 63 cents per share in the 2011 fiscal year, according to the Thomson Reuters survey.　　The company said it would buy up $600 million worth of shares in the next 18 months. The same day, the price of art electricity in the Nasdaq conventional trading rose 0.03 U.S. dollars, closed at 15.62 U.S. dollars, a gain of 0.19%. In subsequent trading, the price of art shares rose 1.55 dollars to $17.17, or 9.92%. In the past 52 weeks, the highest price of art electricity is 20.24 U.S. dollars, the lowest price of 14.06 U.S. dollars.