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Net sales of $889 million, an increase of $345 million from 2Q 2014
November 6, 2014
By: DAVID SAVASTANO
Editor, Ink World Magazine
First Solar, Inc. announced financial results for the third quarter of 2014. Net sales were $889 million in the quarter, an increase of $345 million from the second quarter of 2014. The sequential increase in net sales resulted primarily from increased revenue recognition on the Desert Sunlight project. The company reported a third quarter GAAP earnings per fully diluted share of $0.87, compared to earnings of $0.04 in the prior quarter. The increase in net income compared to the prior quarte...
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