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'

First Solar, Inc. Announces Fourth Quarter and Full Year 2023 Financial Results and 2024 Guidance

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

First Solar Releases Study Analyzing Economic Impact of American Manufacturing and Supply Chain Investments

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