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Net sales of $957 million, an increase of $460 million from the first quarter of 2012
August 2, 2012
By: DAVID SAVASTANO
Editor, Ink World Magazine
First Solar, Inc. announced financial results for the second quarter of 2012. Net sales were $957 million in the quarter, an increase of $460 million from the first quarter of 2012 and $425 million from the second quarter of 2011. The increases were primarily due to an increase in the number and size of projects under construction meeting revenue recognition criteria during the quarter, including Antelope Valley Solar Ranch 1 in California and Silver State North in Nevada. The company reporte...
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