First Solar, Strata Sign 400MW Deal for 2017-18 Module Deliveries
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First Solar (FSLR) Reported a Strong EPS Beat in 3Q; Baird Reiterates Outperform
October 30, 2015 7:59 AM EDTBaird reiterated an Outperform rating and $69.00 Price Target on First Solar (NASDAQ: FSLR) following the company's 3Q earnings results. FSLR reported record revenue of $1.27B vs. consensus estimates of $1.11B. Non-GAAP EPS was $3.38 vs. $1.64 consensus. FSLR guided to 2015 sales of $3.5B to $3.6B and EPS... More
First Solar (FSLR) Sells Majority Interest in Desert Stateline Project; Needham & Company Reiterates Buy
October 30, 2015 6:51 AM EDTNeedham & Company reiterated a Buy rating and $70.00 price target on First Solar (NASDAQ: FSLR) following the company's 3Q results and interest sale in the Desert Stateline project. Revenue and EPS of $1.271B and $3.38 was well ahead of the Street's $1.1B and $1.50, as FSLR sold... More
First Solar (FSLR), Strata Solar Enter Agreement for 400-MW of PV Modules
October 29, 2015 2:24 PM EDTFirst Solar (Nasdaq: FSLR) has signed an agreement with Strata Solar for the procurement of an incremental 400 megawatts (MW)DC of First Solars advanced thin film photovoltaic modules, with delivery expected from 2017 into 2018.
With this agreement, Strata one of the top utility-scale solar project developers and builders in the United States will have purchased... More
