First Solar, Inc. (FSLR) Misses Q2 Views, Maintains Outlook
First Solar, Inc. (NASDAQ: FSLR) reported Q2 EPS of $0.04, $0.33 worse than the analyst estimate of $0.37. Revenue for the quarter came in at $544 million versus the consensus estimate of $795.88 million.
First Solar, Inc. maintained its FY2014 EPS of $2.40-$2.80, versus the consensus of $2.70.
“While project delays in Q2 resulted in deferring some earnings to later in the year we remain on track to our financial targets for the year and reaffirm our full-year 2014 EPS and operating cash flow guidance,” said Jim Hughes, CEO of First Solar. “In addition I am proud of the execution by the organization as demonstrated by a new record cell efficiency and new bookings of over 800MWdc.”
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