First Solar, Inc. (0R06.L)
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- GuruFocus.com
First Solar Inc (FSLR) Q1 2024 Earnings Call Transcript Highlights: Strategic Growth and Market ...
Explore how First Solar Inc navigates industry challenges and leverages technological advancements to secure a robust market position.
- GuruFocus.com
First Solar Inc (FSLR) Surpasses Analyst Earnings and Revenue Estimates in Q1 2024
Robust Financial Performance Amid Industry Volatility
- Reuters
First Solar posts higher quarterly profit on strong demand
The company reported a net profit of $236.6 million, or $2.20 per share, for the three months ended March 31, compared to $42.5 million, or 40 cents per share, in the same period last year. Analysts expected an average of $1.99 per share, according to LSEG data. The U.S. solar market has seen significant momentum since last year, helped by regulatory steps such as the Biden administration's 2022 Inflation Reduction Act, which provides tax credits for panels made in the United States.
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