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Report net sales of $548 million, YTD net bookings of 12.1 GWDC
April 28, 2023
By: DAVID SAVASTANO
Editor, Ink World Magazine
First Solar, Inc. announced financial results for the first quarter ended March 31, 2023. Net sales for the first quarter were $548 million, a decrease of $454 million from the prior quarter. The decrease was primarily driven by a decrease in the volume of modules sold to third parties. The company reported first quarter net income per diluted share of $0.40, compared to a net loss per diluted share of $0.07 in the fourth quarter of 2022. “We entered 2023 in a significantly stronger comme...
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