GLJ Research Upgrades First Solar (FSLR) to Buy on Assumption 45x Credits Remain Intact

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First Solar, Inc. Announces First Quarter 2025 Financial Results and Revises Guidance to Reflect Expected Impact of Implementation of New Tariffs

April 29, 2025 4:02 PM EDT

Net sales of $0.8 billion Net income per diluted share of $1.95 Gross cash balance of $0.9 billion, Net cash balance of $0.4 billion YTD net bookings of 0.7 GW; 0.6 GW since fourth quarter earnings call with an average selling price of 30.5 cents per watt, excluding adjusters and India domestic sales Expected sales backlog of 66.3 GW

 

TEMPE, Ariz.--(BUSINESS WIRE)-- First Solar, Inc. (Nasdaq: FSLR) (the Company) today announced financial results for the first quarter ended March 31, 2025, and issued... More