At the end of the third quarter of calendar 2012, cash and cash equivalents totaled $479.2 million and the company had $298.1 million of total debt. This compares to $332.4 million of cash and cash equivalents at the end of the second quarter of calendar 2012 which included $145 million of total debt and $483.8 million of cash and cash equivalents at the end of the third quarter of calendar 2011 which included $90.9 million of total debt.As of September 29, 2012, the company’s backlog was $1.5 billion. This included approximately $617.7 million in the polysilicon segment, $141.4 million in the PV segment and $717.6 million in the sapphire segment. Included in the total backlog was approximately $93.2 million of deferred revenue.
GT Advanced Technologies Inc. Announces Results For Quarter Ending September 29, 2012
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