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Anticipates net sales of $2.3 to $2.5 billion, ending net cash of $1.6 to $1.8 billion.
December 6, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
First Solar, Inc. announced full-year 2018 guidance. Alex Bradley, First Solar’s CFO, provided the guidance and outlook during the company’s 2017 Analyst Day event held at the Company’s Series 6 factory in Perrysburg, Ohio. Forecasted net sales for 2018 are $2.3 to $2.5 billion, with solar power systems net sales expected to comprise 75% to 80% of the total net sales and third-party module sales the remainder. Earnings per share (EPS) is forecasted to be between $1.25 and $1.75. The EPS ...
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