TMCNet:  BRIEF: MEMC posts $38.4 million 3Q profit [St. Louis Post-Dispatch]

[November 07, 2012]

BRIEF: MEMC posts $38.4 million 3Q profit [St. Louis Post-Dispatch]

(St. Louis Post-Dispatch (MO) Via Acquire Media NewsEdge) Nov. 07--MEMC Electronic Materials Inc. posted profit and sales gains in the third quarter.

O'Fallon, Mo.-based MEMC, a maker of silicon wafers for the solar and semiconductor industries, reported a $38.4 million profit for the third quarter that ended Sept. 30, or 16 cents a share, up from a $92.2 million loss, or 41 cents a share, a year ago.


Net sales increased to $601.6 million, up from $516.2 million a year ago.

___ (c)2012 the St. Louis Post-Dispatch Visit the St. Louis Post-Dispatch at www.stltoday.com Distributed by MCT Information Services

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