Flexible Electronics News

First Solar, Inc. Announces 2Q 2022 Financial Results

Reports net sales of $621 million, year-to-date net bookings of 27.1 GW DC.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

First Solar, Inc. announced financial results for the second quarter ended June 30, 2022. Net sales for the second quarter were $621 million, an increase of $254 million from the prior quarter, primarily due to increased module sales. Operating income for the second quarter was $145 million, compared to an operating loss of $58 million in the prior quarter. Second quarter operating income increased primarily due to increased module sales volume and a gain on the sale of the company’s Japan...

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