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

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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.

Zacks.com users have recently been watching First Solar (FSLR) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Here is What to Know Beyond Why First Solar, Inc. (FSLR) is a Trending Stock

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Renewable energy stocks haven't been able to withstand the market pressure and have shown high volatility over the past few quarters. Besides the surplus inventory, the political environment and macroeconomic situations have led to a profit drop.

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QUALCOMM

Rivian Automotive

One of the best ways to spot opportunity is by keeping tabs on stocks with raised price targets from leading firms like Barclays (NYSE: BCS ). Oftentimes, a firm, like Barclays will revise targets higher if the financial health of the covered stock has become far more favorable.

Barclays Just Raised Its Price Target on These 3 Stocks: August 2024

FSLR is expanding U.S. manufacturing capacity and benefiting from regulatory credits, positioning it as a key player against Chinese competitors and enabling strong fiscal 2024 and 2025 estimates. Attractive valuation with a forward PEG ratio of 0.46 and a P/E of 15.7, plus strong revenue growth. Anticipated market cap of $33B in 12 months, suggesting 45% stock growth. Risks include Chinese competition, potential U.S. policy changes, and supply chain disruptions. Despite these, FSLR remains a Strong Buy due to strategic growth and regulatory support.

First Solar: Strong Buy Amid Pullback And Q2 Outperformance (Rating Upgrade)

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The energy sector is going through massive changes – you don't need me to tell you that. Obviously, one of the key drivers for energy stocks is simple math.

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Jabil

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The explosion of artificial intelligence has made it quite difficult to find high-growth stocks trading at fair value. Chip stocks provide an excellent example of this truth, but it's widely applicable to all things tech and high growth currently.

3 High-Growth Stocks Trading at Fair Value

First Solar is reporting great profits, but most of what's earned is from subsidies.

First Solar Stock Is Priced for Perfection

First Solar's NASDAQ: FSLR stock price was corrected to lower levels in early summer because of mounting concerns centered on political risk, but its operational quality continues to shine. The upcoming election threatens the solar market in several ways but nothing to offset the growing demand for solar power generation and the secular tailwind that has begun to blow.

First Solar Stock: The Dawn of a New Rally in Share Prices

Canadian Solar

The performance of renewable energy stocks has been mixed in the last few quarters. Factors like macroeconomic headwinds and surplus inventory have impacted growth and profitability.

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SunPower

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Sunrun

Shares of SunPower Corp. climbed 9.2% Wednesday, with the maker of solar-energy technology shrugging off a Morgan Stanley price-target cut, buoyed by strong results from solar-panel maker First Solar Inc.

SunPower and other solar names lifted by First Solar's better-than-expected results

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Brookfield Renewable Partners

Solar stocks are on every investor's mind in the run-up to the 2024 election on Nov. 5. Before the election, investors and experts are looking for policy measures to sustain the secular increase in solar adoption and associated stocks in the process.

3 Solar Stocks That Could Make Your Summer Unforgettable

Goldman Sachs analyst Brian Lee reiterated a Buy rating on First Solar, Inc FSLR with a price target of $311, up from $302.

First Solar Sees Strong Growth From Data Center Demand But Faces Policy Uncertainties: Analysts Opine On Q2 Performance

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

First Solar (FSLR) Q2 Earnings Beat Estimates, Sales Rise Y/Y

The solar-panel maker's strong earnings could be a sign that the market's concerns about the solar industry aren't that bad after all.

First Solar's Earnings Beat Throws Water on Trump Trade Fears. The Stock Climbs.

First Solar, Inc. (NASDAQ:FSLR ) Q2 2024 Earnings Conference Call July 30, 2024 4:30 PM ET Company Participants Richard Romero - Investor Relations Mark Widmar - Chief Executive Officer Alex Bradley - Chief Financial Officer Conference Call Participants Philip Shen - ROTH Capital Partners Jon Windham - UBS Andrew Percoco - Morgan Stanley Mark Strouse - JPMorgan Brian Lee - Goldman Sachs Vikram Bagri - Citi Operator Good afternoon, everyone and welcome to First Solar's Second 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) Q2 2024 Earnings Call Transcript

First Solar (FSLR) came out with quarterly earnings of $3.25 per share, beating the Zacks Consensus Estimate of $2.67 per share. This compares to earnings of $1.85 per share a year ago.

First Solar (FSLR) Surpasses Q2 Earnings and Revenue Estimates

First Solar said on Tuesday its second-quarter profit more than doubled, as the U.S. solar panel maker benefited from stable demand for its products.

First Solar's second-quarter profit jumps on strong sales volumes

First Solar maintained its sales guidance for the year of $4.4 billion to $4.6 billion.

First Solar tops second-quarter estimates, but leaves 2024 forecast unchanged

TEMPE, Ariz.--(BUSINESS WIRE)--First Solar, Inc. (Nasdaq: FSLR) (the “Company”) today announced financial results for the second quarter ended June 30, 2024. Net sales for the second quarter were $1.0 billion, an increase of $0.2 billion from the prior quarter. The increase was primarily driven by an increase in the volume of modules sold and an increase in the average selling price per watt of our modules. The Company reported second quarter net income per diluted share of $3.25, compared to n.

First Solar, Inc. Announces Second Quarter 2024 Financial Results

First Solar stock hit a high of 306.77 on June 12 but has retreated since then.

S&P 500 Solar Stock Is 28% Off 2024 Peak But Could See 70% EPS Growth In Q2

As climate change emerges as a top global issue, interest in investing in the best green energy stocks continues to rise. With many investors on the sidelines in 2024, now is a great time to consider the companies with significant upside potential.

The 3 Best Green Energy Stocks to Buy in July

Enphase Energy

Shares of solar power companies, including Enphase Energy (ENPH) and First Solar (FSLR), dropped Monday following a report that federal officials have raised concerns about the potential of hackers striking the renewable energy sector.

Solar Power Stocks Fall on Concerns About Potential Hackers

If you've been meaning to invest in some of the market's top solar stocks but never had a chance to get in at a price that makes sense, perhaps the latest summertime pullback represents an opportunity to do some buying. Undoubtedly, the broad basket of green energy companies has sold off with the expectation that Donald Trump will return to the White House for another term.

3 Solar Stocks to Buy on the Dip: July 2024

Green energy stocks will continue soaring in popularity in line with the push towards carbon neutrality. In recent months, though, investors have been spooked by fears over potential policy reversals following a Republican presidential win later this year.

3 Green Energy Stocks Destined for Titan Status

First Solar Inc (NASDAQ: FSLR), a leading player in the solar energy sector, is navigating a complex landscape shaped by both political dynamics and legislative actions.

News for First Solar Stock (FSLR)