By: Benzinga
March 27, 2013 at 04:48 AM EDT
SMA Solar 2012 Profit Drops 58%
SMA Solar (OTC: SMTGF ) reported a drop in its profit last year. SMA Solar's 2012 operating profit fell 58% to 102 million euros ($131 million). However, analysts were expecting an operating profit of 122 million euros. Its sales came in at 1.46 billion euros, versus analysts' estimates of 1.47 billion
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