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

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

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