FSLR - These Analysts Boost Their Forecasts On First Solar Following Upbeat Results | Benzinga
First Solar, Inc. (NASDAQ:FSLR) reported upbeat results for the first quarter on Wednesday.
First Solar posted GAAP earnings of $2.20 per share, beating market estimates of $1.97 per share. The company posted sales of $794.000 million versus expectations of $702.175 million, according to data from Benzinga Pro.
Cash, cash equivalents, restricted cash, restricted cash equivalents, and marketable securities, less debt fell to $1.4 billion at the end of the first quarter versus $1.6 billion at the end of the earlier quarter.
“We are pleased with our start to 2024, with good operating ...