TD Cowen Reiterates Outperform Rating on First Solar (FSLR), 'ASP in Bookings Continues to Increase'
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Go back to TD Cowen Reiterates Outperform Rating on First Solar (FSLR), 'ASP in Bookings Continues to Increase'
February 27, 2024 4:05 PM EST
Net sales of $3.3 billion for 2023 and $1.2 billion for the fourth quarter
Net income per diluted share of $7.74 for 2023 and $3.25 for the fourth quarter
2023 year-end net cash balance of $1.6 billion
2023 net bookings of 28.3 GW; 2.3 GW since third quarter earnings call at a base ASP of 31.8 c/w
2024 net sales guidance of $4.4 billion to $4.6 billion
2024 EPS guidance of $13.00 to $14.00 per diluted share
2024 year-end net cash balance guidance of $0.9 billion to $1.2 billion
TEMPE, Ariz.--(BUSINESS WIRE)--
First Solar, Inc. (Nasdaq:... More
February 26, 2024 5:45 AM EST
First Solar forecast to support over 30,000 direct, indirect, and induced jobs representing approximately $2.8 bn in labor income in 2026.
Study reveals that every First Solar job in 2026 is expected to support 7.3 jobs across the nation.
Solar manufacturer expected to add $5 bn in value and over $10 bn in output to 2026 US economy.
TEMPE, Ariz.--(BUSINESS... More
