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Net sales of $839 million
November 1, 2012
By: DAVID SAVASTANO
Editor, Ink World Magazine
First Solar, Inc. announced financial results for the third quarter of 2012. Net sales were $839 million in the quarter, a decrease of $118 million from the second quarter of 2012 and $167 million from the third quarter of 2011. The decrease in net sales from the second quarter of 2012 was primarily due to project-specific decreases, including Silver State North, which was completed in the second quarter, and reduced construction activity at Agua Caliente, consistent with the company’s...
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