01.05.2024 22:07:37 - dpa-AFX: First Solar, Inc. Q1 Income Climbs, Beats estimates

TEMPE (dpa-AFX) - First Solar, Inc. (FSLR) announced a profit for its first
quarter that increased from the same period last year and beat the Street
estimates.

The company's bottom line totaled $236.62 million, or $2.20 per share. This
compares with $42.56 million, or $0.40 per share, in last year's first quarter.

Analysts on average had expected the company to earn $1.99 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 44.8% to $794.11 million from $548.29
million last year.

First Solar, Inc. earnings at a glance (GAAP) :

-Earnings (Q1): $236.62 Mln. vs. $42.56 Mln. last year.
-EPS (Q1): $2.20 vs. $0.40 last year.
-Revenue (Q1): $794.11 Mln vs. $548.29 Mln last year.

-Guidance:
Full year EPS guidance: $13.00 to $14.00
Full year revenue guidance: $4.4B to $4.6 Bln


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
First Solar A0LEKM NASDAQ 276,740 24.05.24 23:26:07 +26,930 +10,78% 276,510 277,500 253,880 276,740

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