Flexible Electronics News

First Solar Announces 2Q 2024 Financial Results

Reports net sales of $1 billion, expected sales backlog of 75.9 GW.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

First Solar, Inc. announced financial results for the second quarter ended June 30, 2024. Net sales for the second quarter were $1 billion, an increase of $0.2 billion from the prior quarter. The increase was primarily driven by an increase in the volume of modules sold and an increase in the average selling price per watt of our modules. The company reported second quarter net income per diluted share of $3.25, compared to net income per diluted share of $2.20 in the first quarter of 20...

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