Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

SG&A

Production Start-up

Litigation

Gain on sales of businesses, net

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

First Solar

First Solar, Inc. engages in designing, manufacturing, marketing, and the distribution of photovoltaic solar power systems and solar modules. It operates through the Modules and Systems segments. The Modules segment involves the design, manufacture, and sale of cadmium telluride solar modules, which convert sunlight into electricity. The Systems segment offers development, construction, operation, and maintenance of photovoltaic solar power systems. The company was founded by Michael J. Ahearn in 1999 and is headquartered in Tempe, AZ.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

First Solar reports record bookings and plans for manufacturing expansion

First Solar's Q4 2022 Earnings Call highlighted strong financial performance, record bookings, and manufacturing expansion plans.
The company faces challenges in maintaining margins and managing costs but remains well-positioned for growth in the renewable energy sector.
Opportunities for revenue growth and market expansion exist through capacity additions, multiyear agreements, and strategic decision-making.
Overall, First Solar's performance, strengths, and opportunities indicate a positive outlook for future growth and market leadership.

First Solar excels in Q1 2023, eyes Indian market growth

First Solar's Q1 performance reflects strong bookings, financial results, and strategic advancements in technology and market positioning.
While facing challenges in policy clarity and contract structures, the company leverages opportunities in India's growing market and sustainable practices.
Strategic partnerships, supply chain diversification, and market adaptability position First Solar for future growth and revenue generation.
Maintaining a focus on long-term relationships and responsible solar practices, First Solar navigates market dynamics and demand drivers effectively.

First Solar reports robust Q2 earnings, eyes tech advancements

First Solar's Q2 performance reflects strong financials and strategic moves to enhance technology and market positioning.
While facing challenges in facility timelines and customer adjustments, the company's compliance focus and strategic acquisitions drive growth.
Opportunities lie in technological advancements, potential market expansion, and upcoming discussions to boost investor sentiment.
Overall, First Solar remains well-positioned in the renewable energy sector with a solid financial outlook for 2023.

First Solar excels in Q3, poised for growth amid challenges

First Solar's Q3 performance reflects strong demand, operational excellence, and strategic advancements in manufacturing and technology.
While facing challenges in meeting regulatory requirements and navigating industry dynamics, the company is well-positioned for growth.
With a focus on customer certainty, efficient operations, and market expansion, First Solar is poised to capitalize on opportunities and drive future success.

First Solar posts record earnings, navigates Chinese competition challenges

First Solar's Q4 2023 performance showcased robust financial results, technological advancements, and strategic investments.
While facing challenges from market dynamics and Chinese competition, the company maintains a strong financial position and growth outlook.
With a focus on cost efficiency, capacity expansion, and policy advocacy, First Solar is poised for continued success in the solar energy sector.

First Solar reports robust Q1 performance and strategic growth focus

First Solar's Q1 2024 performance reflects strong financial results, strategic focus on technology and selective bookings, and proactive stance on policy. The company faces challenges in managing changing customer sentiment and market impacts but has opportunities in technology innovation and capacity expansion.

First Solar reports robust Q2 earnings amidst industry challenges

First Solar delivered a strong performance in Q2 2024, showcasing financial strength, technological innovation, and strategic resilience.
While facing challenges from external uncertainties and operational issues, the company remains focused on growth and maintaining guidance.
Opportunities for expansion and market leadership exist through leveraging the backlog, advancing technology, and addressing challenges proactively.
Overall, First Solar's Q2 performance reflects a balance of strengths, challenges, and opportunities in navigating the dynamic solar energy landscape.

First Solar posts robust Q3 results, navigates IP challenges

First Solar's Q3 earnings call highlighted strong financials, operational achievements, and strategic initiatives. The company faces IP challenges but maintains a focus on sustainability and technology leadership.

Revenue

Cost of revenue

Gross profit

Operating expenses

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

First Solar, Inc. is a solar technology company, which engages in the provision of solar modules. It is involved in the design, manufacture, and sale of cadmium tellurid (CdTe) solar modules, which convert sunlight into electricity. The company was founded by Michael J. Ahearn in 1999 and is headquartered in Tempe, AZ.

I predicted in late 2023 that the dawn was coming for First Solar stock. Therefore, I'm not surprised by FSLR's significant outperformance against the S&P 500 since late 2023. First Solar has executed well, notwithstanding challenging industry dynamics.

First Solar: The Market Finally Realized Its Pessimistic Folly

Canadian Solar

NextEra Energy

The renewable energy space has seen better days. The iShares Global Clean Energy ETF (NASDAQ: ICLN ) is down about 23.9% over the past 12 months per trading data from Tuesday's session.

The 3 Most Undervalued Renewable Energy Stocks to Buy in May 2024

Cameco

First Trust NASDAQ Clean Edge Green Energy Index Fund

With the world fighting to go green, investors should pay close attention to some of the best renewable energy stocks to buy. Thanks to wind and solar, about 30% of the world's electricity was produced by renewables in 2023, with the trend only likely to strengthen.

The 3 Best Renewable Energy Stocks to Buy in May 2024

Shopify

United Continental Hlds

Wall Street's record with stock predictions is probably no better than throwing a dart at a target. They seem to get just as many calls wrong as they do right (if not more).

Morgan Stanley Predicts Double-Digit Surges for These 3 Stocks

Array Technologies

Constellation Energy Corp

Clearway Energy

Plug Power

Speculative green energy stocks could come back into vogue this year. Many countries around the world are far behind their carbon emissions targets, and the urgency to address the climate crisis may energize investment in these companies.

Green Energy Gambles: 7 Speculative Plays for the Planet-Conscious Investor

Beam Global

Broadwind Energy

The stage has been set for the world to transition into a green energy environment. Global economies have already taken steps to shift to clean energy.

3 Renewable Energy Stocks to Capitalize on the Sustainability Surge

Lithium Americas Corp

New Linde PLC

Worldwide governments and the corporate sector are focusing on hitting the net zero target in the coming decades. This implies significant investments in the clean energy sector.

3 Clean Energy Stocks Poised to Surge in the Next Market Upswing

GE Vernova LLC

Over the past few years, electricity usage in America has increased meaningfully for the first time in two decades. The firm expects that trend to continue going forward, driven by the proliferation of data centers, factories and electric vehicles.

Renewable Risers: 3 Stocks Set to Soar Amid the Electricity Demand Surge

Amgen

General Motors

During this earnings season, Wall Street investors have been paying attention to stocks generating buzz in different sectors. Diversifying investments across the 11 sectors within the S&P 500 index could help weather short-term market volatility.

Sector Superstars: 3 Stocks Generating the Most Buzz on Wall Street

Vistra Energy

Finding the best solar stock picks to outperform the market in 2024 will require careful consideration. However, a few needle-in-the-hystack companies stand out among their competitors.

3 Solar Stocks Positioned to Outperform This Year

First Solar's position in the market isn't as strong as it once was.

Why the Hottest Solar Energy Stock May Cool Down

Fist Solar (FSLR) will remain in the spotlight Monday after the solar panel maker's shares broke out from a key chart pattern on Friday after a soft April jobs report fueled hopes that sooner-than-anticipated interest rate cuts would reignite consumer appetite within the embattled solar sector, which has grappled with sluggish demand and a backlog of inventory over the past year.

First Solar Stock Jumps As Prospect of Cheaper Borrowing Costs Drives Chart Breakout

Enphase Energy

Invesco Solar ETF

After years of frustrating action, the solar industry is poised to move higher. Stock Strategist Andrew Rocco explains.

4 Factors Point to a Sunny Future in Solar

Brookfield Renewable Partners

Fluence Energy

Are you looking for renewable energy stocks to buy? The world is at a critical juncture in the fight against climate change, and the transition to renewable energy is more important than ever.

3 Renewable Energy Stocks That Will Make Other Investors Green With Envy

Hannon Armstrong Sustainable Infrastructure Capital

The renewable energy industry will grow to $2 trillion by 2030, according to estimates from Group Next Move Strategy Consulting, making renewable energy stocks a must-invest for accounts that want to be safe in the future. A few pieces of legislation that will help the economy switch to cleaner energy sources are the Inflation Reduction Act (IRA) of 2022, the Bipartisan Infrastructure Law, and the Executive Order on Catalyzing Clean Energy Industries and Jobs Through Federal Sustainability.

Shhh! 3 Secret Renewable Energy Stocks Flying Below Wall Street's Radar

Sunrun

2023 was not a good year for solar stocks. As the S&P 500 gained over 25%, solar ETFs like the Invesco Solar ETF are down nearly 40%.

Stock Market Crash Alert: 3 Must-Buy Solar Stocks When Prices Plunge

Earnings and revenue beat analysts' forecasts, with EPS at $2.20 against an expected $2.00. Revenue soared to $794 million from $548 million in Q1 2023.

First Solar Shines in Q1 2024 Earnings

First Solar's (FSLR) first-quarter sales and earnings top estimates. The company's 2024 EPS outlook remains unchanged.

First Solar (FSLR) Q1 Earnings Beat Estimates, Sales Rise Y/Y

Solar energy stocks haven't been part of the market hype, which rallied to all-time highs in the past quarter after potentially pricing in the Federal Reserve's (the Fed) interest rate cuts, which never came. One sector holding up its end of the performance bargain is energy, helping shares of First Solar Inc. NASDAQ: FSLR become a potential target.

Wall Street Believes in First Solar Stock's Bull Cycle

First Solar, Inc. (NASDAQ:FSLR ) Q1 2024 Results Conference Call May 1, 2024 4:30 PM ET Company Participants Richard Romero - Investor Relations Mark Widmar - Chief Executive Officer Alex Bradley - Chief Financial Officer Conference Call Participants Mark Strouse - JPMorgan Andrew Percoco - Morgan Stanley Philip Shen - ROTH MKM Brian Lee - Goldman Sachs Moses Sutton - BNP Paribas Vikram Bagri - Citi Kashy Harrison - Piper Sandler Operator Good afternoon, everyone, and welcome to First Solar's First Quarter 2024 Earnings Call. This call is being webcast live on the Investors section of First Solar's website at investor.firstsolar.com.

First Solar, Inc. (FSLR) Q1 2024 Earnings Call Transcript

First Solar reported higher first-quarter profit on Wednesday compared to the same period last year, helped by resilient demand for solar energy.

First Solar posts higher quarterly profit on strong demand

TEMPE, Ariz.--(BUSINESS WIRE)--First Solar, Inc. (Nasdaq: FSLR) (the “Company”) today announced financial results for the first quarter ended March 31, 2024. Net sales for the first quarter were $794 million, a decrease of $0.4 billion from the prior quarter. The decrease was primarily driven by an expected historical seasonal reduction in volume of modules sold. The Company reported first quarter net income per diluted share of $2.20, compared to net income per diluted share of $3.25 in the fo.

First Solar, Inc. Announces First Quarter 2024 Financial Results

TEMPE, Ariz.--(BUSINESS WIRE)-- #AmericanSolar--First Solar, Inc. (“First Solar”) (NASDAQ: FSLR) announced that MN8 Energy LLC (“MN8”) has placed orders for 457 megawatts (MW) of advanced thin film solar modules, including 170 MW of Series 6 Plus bifacial modules and 287 MW of Series 7 modules. The modules will power projects in the northeastern and southern United States. MN8, founded as Goldman Sachs Renewable Power in 2017, owns and operates a 3.2 gigawatt (GW) portfolio, delivering renewable energy solution.

MN8 Energy Sources 457 MW of American Solar Modules from First Solar

About $150 trillion is expected to go into decarbonizing the global economy over the next thirty years. Here are the top four green energy stocks that may benefit as the world executes on its commitment to that transition.

4 top green energy stocks to consider for long-term investment in May

First Solar's (FSLR) Q1 results are likely to reflect the benefits of increased sales volume and average selling price per watt sold.

News for First Solar Stock (FSLR)