GT Advanced Technologies Inc. reported unaudited consolidated earnings results for the second quarter of calendar year 2012, which ended June 30, 2012. For the quarter, the company's revenue was $167,252,000 compared to $231,096,000 a year ago. Income from operations was $24,605,000 compared to $78,686,000 a year ago. Income before income taxes was $23,147,000 compared to $75,188,000 a year ago. Net income was $14,757,000 or $0.12 per diluted share compared to $52,069,000 or $0.41 per diluted share a year ago. Non-GAAP net income was $19,181,000 or $0.16 per diluted share compared to $56,114,000 or $0.44 per diluted share a year ago. The company invested over $14 million of CapEx primarily to support the continued buildout of HiCz pilot facility in St. Louis. The company reiterated its revenue and earnings guidance for the full year ending December 31, 2012. For this period, the company continues to expect revenue in the range of $925 million to $975 million and non-GAAP earnings per share on a fully diluted basis in the range of $1.30 to $1.40. The company reducing CapEx range to $55 million to $60 million from the previous range of $60 million to $70 million. Effective tax rate guidance has increased to 34% due to the higher portion of U.S. current income from polysilicon contracts.