First Solar (FSLR) Tops Q3 EPS by 48c, Revenue Misses

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Go back to First Solar (FSLR) Tops Q3 EPS by 48c, Revenue Misses

First Solar, Inc. Announces Third Quarter 2016 Financial Results

November 2, 2016 4:06 PM EDT

Net sales of $688 million GAAP earnings per share of $1.49 Non-GAAP earnings per share of $1.22 Cash and marketable securities of $2.1 billion, net cash of $1.3 billion Maintain 2016 EPS guidance; Revenue guidance lowered for revised project sale timing

TEMPE, Ariz.--(BUSINESS WIRE)-- First Solar, Inc. (Nasdaq: FSLR) today announced financial results for the third quarter of 2016. Net sales were $688 million, a decrease of $246 million from the prior quarter, due to... More