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Reports net sales of $309 million, net loss per share of $0.46.
July 27, 2018
By: DAVID SAVASTANO
Editor, Ink World Magazine
First Solar, Inc. announced financial results for the second quarter of 2018. Net sales for the second quarter were $309 million, a decrease of $258 million from the prior quarter due to lower system and third-party module sales. Second quarter system sales were impacted by the timing of certain project sales, which are now anticipated to close in the second half of the year. The company reported a second quarter loss per share of $0.46, compared to earnings per share of $0.78 in the first q...
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