Flexible Electronics News

First Solar, Inc. Announces 2Q 2019 Financial Results

Reports net sales of $585 million, YTD net bookings of 4.3GWDC.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

First Solar, Inc. announced financial results for the second quarter ended June 30, 2019. Net sales for the second quarter were $585 million, an increase of $53 million from the prior quarter, primarily due to increased module and system sales in the US and Australia.   The company reported a second quarter loss per share of $(0.18), compared to a loss per share of $(0.64) in the first quarter of 2019.   Cash, restricted cash and marketable securities at the end of the second quarter decreas...

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