First Solar (FSLR) Posts EPS of $1.66, Sales Miss

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Go back to First Solar (FSLR) Posts EPS of $1.66, Sales Miss

First Solar, Inc. Announces First Quarter 2016 Financial Results

April 27, 2016 4:06 PM EDT

Net sales of $848 million Earnings per share of $1.66 Cash and marketable securities of $1.9 billion, net cash of $1.6 billion 2016 EPS guidance range updated to $4.10 to $4.50

TEMPE, Ariz.--(BUSINESS WIRE)-- First Solar, Inc. (Nasdaq: FSLR) today announced financial results for the first quarter of 2016. Net sales were $848 million in the quarter, a decrease of $94 million from the fourth quarter of 2015. The decrease in net sales from the prior quarter was primarily... More