First Solar, Inc. announced financial results for the fourth quarter and year ended Dec. 31, 2015. Net sales were $942 million in the quarter, a decrease of $329 million from the third quarter of 2015, and record annual net sales of $3.6 billion for 2015. The decrease in net sales from the prior quarter was primarily attributable to lower revenue from the Desert Stateline project, which achieved initial revenue recognition in the third quarter. In addition, sales of third party module and module...