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First Solar: Q4 Strong Sales, EPS Down
First Solar achieved a revenue beat in its most recent earnings but missed EPS expectations, highlighting a mixed performance.
Thin-film photovoltaic solar module manufacturer First Solar (NASDAQ:FSLR) reported mixed financial results for the fourth quarter on Tuesday, Feb. 25. Q4 revenue of $1.5 billion surpassed analyst consensus predictions of $1.48 billion. Earnings per share (EPS) of $3.65, however, missed the expected $4.63.
The quarter revealed growth in sales but also highlighted ongoing challenges in maintaining profitability.
Source: First Solar. Note: Analyst consensus estimates for the quarter provided by FactSet. YOY = Year over year.
