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Posted May 02. 2013 12:24PM

GT Advanced Technologies Inc. results highlight dramatic downturn in Q1 since Q1 2012

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Revenue for the first quarter came in at $57.8 million including $38.0 million in polysilicon, $4.4 million in photovoltaic (PV), and $15.4 million in sapphire. This compares to revenue in the fourth quarter of calendar 2012 of $102.3 million and $353.9 million in the first quarter of calendar 2012.