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Record quarterly net sales of $1.3 billion, preliminary quarterly GAAP earnings per fully diluted share of $3.38.
November 1, 2015
By: DAVID SAVASTANO
Editor, Ink World Magazine
First Solar, Inc. announced preliminary financial results for the third quarter of 2015. The company is issuing preliminary results while it completes its analysis of a discrete income tax matter related to a foreign jurisdiction. Net sales were $1.3 billion in the quarter, an increase of $375 million from the second quarter of 2015. The increase in net sales from the prior quarter resulted primarily from initial revenue recognition on the sale of a majority interest in the partially constru...
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