Moses Lake Newswire
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February 16, 2017: REC Silicon ASA reported fourth quarter revenues of USD 80.4 million, up from USD 50.9 million in the previous quarter. The corresponding EBITDA during the fourth quarter increased to USD 4.9 million compared to a loss of USD 7.9 million in the previous quarter. Comment?
Fornebu, Norway - November 2, 2016: REC Silicon ASA reported third quarter revenues of USD 50.9 million, compared to USD 71.1 million in the previous quarter. The lower revenues are primarily a result of the disruption of the solar grade polysilicon market due to the expiration of the 2015 feed in tariffs in China, which affected the entire value chain. Comment?
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