Correction: Due to the company issuing a press release, rectifying errors contained in its initial press 2008 financial year end press release.
The GeoTeam(R) would like to alert investors to the following companies who have recently released positive financial guidance:
GeoManaged Guidance Tables
Worldwide Energy and Manufacturing USA, Inc. (OTCBB: WEMU)
Mr. Jimmy Wang, CEO of Worldwide Energy and Manufacturing, stated: "We are very pleased to announce the best year end result in our company's history. Our Solar Energy division is performing beyond expectations and with our new solar factory and new solar contracts, we expect triple-digit growth both in revenue and net income in 2009.
"Already we have $52 million in backlog solar orders for 2009. Our new solar factory in Ningbo, China has the capacity to generate $225 million in revenue. Our gross margins and ultimately our net margins will increase substantially as we will manufacture all solar modules in our own factory. Our strong financial performance clearly demonstrates that the company has successfully made the transition into the renewable energy market as well as maintaining strength in its other contract manufacturing business. We have successful laid the foundation in 2008 to provide explosive growth in 2009."
Full Year Fiscal 2009 Guidance Ending December
*The Company did not provide 2009 EPS guidance. The GeoTeam® calculated an implied 2009 EPS guidance number using year end outstanding shares of 3,509,512 million. 2008 EPS have been adjusted to add back shareholder compensation expense.