Suntech 1Q Loss Per Shr 74c

Suntech 1Q loss per share worse than lowest estimate, ranged from loss of 32c to 59c.<ul><li>1Q rev. $409.5m, Est. $407.2m</li> <li>Shipments fell 27% Q/q, cites low prod. over Chinese New Year</li> <li>Gross margin 0.6% (had seen 3%-6%), hurt by U.S. anti- dumping tariffs; says met margin target excluding tariffs</li> <li>Sees 2Q shipment growth 20%</li> <li>Still sees yr shipments 2.1gw-2.5gw</li> <li>Call 8am 866-519-4004, PW Suntech</li> </ul>Link to 1Q Results Slides:{NSN M4H2U46LJLDT <go>} Link to Earnings Statement:{NSN M4H3BS3T6SQO <go>}

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