First Solar (FSLR) Tops Q3 EPS by 13c, Lowers FY Guidance

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First Solar, Inc. Announces Third Quarter 2018 Financial Results

October 25, 2018 4:02 PM EDT

Net sales of $676 millionNet income per share of $0.54Cash and marketable securities of $2.7 billion, net cash of $2.3 billionYTD net bookings of 5.2GWDC; 1.1GWDC booked since prior earnings callSeries 6 commercial shipments commenced from third factory locationEarnings guidance lowered primarily due to timing of systems project sale

TEMPE, Ariz., Oct. 25, 2018 (GLOBE NEWSWIRE) -- First Solar, Inc. (Nasdaq: FSLR) today announced financial results for... More

First Solar, Inc. Announces Third Quarter 2018 Financial Results

October 25, 2018 4:02 PM EDT

Net sales of $676 million
Net income per share of $0.54Cash and marketable securities of $2.7 billion, net cash of $2.3 billion
YTD net bookings of 5.2GWDC; 1.1GWDC booked since prior earnings call
Series 6 commercial shipments commenced from third factory location
Earnings guidance lowered primarily due to timing of systems project sale

TEMPE, Ariz., Oct. 25, 2018 (GLOBE NEWSWIRE) -- First Solar, Inc. (Nasdaq:... More