Our restructuring continues on track and would be largely complete in the third quarter. At the end of the second quarter, we have reduced cash operating expenses. Our solar wafer business is now cash breakeven, and we maintained our pipeline at 2.9 gigawatts while controlling development expenses.Our priorities for the second half of the year are to improve liquidity while not limiting the long-term growth potential of the company and fully realize gains from OpEx reductions in our solar materials business restructuring.
MEMC Electronic Materials Management Discusses Q2 2012 Results - Earnings Call Transcript
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