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Enfield solar firm STR cuts 4Q estimates

STR Holdings Inc. projects fourth-quarter earnings below its previously estimated range when the Enfield solar-cell maker posts delayed results next month.

STR said earnings for three months ended Dec. 31 are expected in the range of 2 cents to 4 cents a share vs. its earlier estimate of 9 cents to 12 cents.

Fourth-quarter revenues are projected to be about $36.5 million, below the earlier guidance of $44 million to $48 million.

Full results are due March 13, the company said.

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