First Solar (FSLR) Tops Q1 EPS by 58c; Withdraws Guidance

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First Solar, Inc. Announces First Quarter 2020 Financial Results

May 7, 2020 4:06 PM EDT

Net sales of $532 millionNet income per share of $0.85Cash, restricted cash, and marketable securities of $1.6 billion, net cash of $1.1 billion1.1 GWDC of bookings since prior earnings call, including 0.7 GWDC of systems bookingsFleet-wide capacity utilization of over 100% during March and AprilWithdraws previous full-year 2020 financial and operational guidanceIssues full-year 2020 module production, operating expenses, and capital expenditure guidance

TEMPE, Ariz., May 07, 2020 (GLOBE NEWSWIRE) -- First Solar, Inc. (Nasdaq:... More