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First Solar reports Q4 EPS (7c), consensus (15c)
The Fly

First Solar reports Q4 EPS (7c), consensus (15c)

Reports Q4 revenue $1B, consensus $989.28M. "We finished 2022 with a record contracted backlog, a significant pipeline of bookings opportunities, and a strong balance sheet placing us in a position to respond to emerging opportunities," said Mark Widmar, CEO of First Solar. "This momentum is driven by our points of differentiation, including our unique CdTe technology, vertically integrated manufacturing process, domestic production, and commitment to Responsible Solar. We enter this year in a significantly stronger commercial, operational, and financial position, with increased R&D investment, new domestic and international capacity coming online, and a new Series 7 product."

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