Flexible Electronics News

First Solar, Inc. Announces 4Q, Full Year 2018 Financial Results

Reports net sales of $2.2 billion for 2018 and $691 million for the fourth quarter.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

First Solar, Inc. announced financial results for the fourth quarter and year ended Dec. 31, 2018. Net sales for the fourth quarter were $691 million, an increase of $15 million from the prior quarter, primarily due to the sale of certain projects in Japan, and net sales of $2.2 billion for 2018.   The company reported fourth-quarter earnings per share (EPS) of $0.49, compared to $0.54 in the third quarter. Net income per share was $1.36 for 2018 and $0.49 for the fourth quarter.   Cash and mark...

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