First Solar (FSLR) Misses Q1, Raises Outlook

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First Solar, Inc. Announces First Quarter 2019 Financial Results

May 2, 2019 4:06 PM EDT

Net sales of $532 millionNet loss per share of $(0.64)Cash, restricted cash and marketable securities of $2.3 billion, net cash of $1.7 billionYTD net bookings of 2.3GWDC; 1.1GWDC since prior earnings callRaise 2019 net sales and net cash guidance; Maintain 2019 EPS guidance of $2.25 to $2.75

TEMPE, Ariz., May 02, 2019 (GLOBE NEWSWIRE) -- First Solar, Inc. (Nasdaq: FSLR) today announced financial results for the first quarter ended March 31, 2019. Net sales for the first quarter were $532 million,... More