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Raises 2017 revenue, EPS, operating cash flow and net cash guidance.
July 28, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
First Solar, Inc. announced financial results for the second quarter of 2017. Net sales for the second quarter were $623 million, a decrease of $269 million from the prior quarter primarily due to lower systems sales, partially offset by higher third-party module sales. The company reported second quarter earnings of $0.50 per share, compared to earnings of $0.09 per share in the prior quarter. Cash and marketable securities at the end of the second quarter decreased to $2.2 billion from $2....
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