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Net sales $588 million; PV module cost $0.76/watt
July 29, 2010
By: DAVID SAVASTANO
Editor, Ink World Magazine
First Solar, Inc. announced its financial results for the second quarter ended June 26, 2010. Quarterly net sales were $587.9 million, up 12% from $525.9 million in the second quarter of 2009, due to increased production volumes and systems revenue, partially offset by a decline in pricing and lower euro exchange rates. Second quarter 2010 net sales increased $19.9 million from the first quarter of 2010, primarily due to increased turnkey system sales. Second quarter net income per fully dilu...
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