Flexible Electronics News

First Solar, Inc. Announces 3Q 2018 Financial Results

Company reported third quarter EPS of $0.54, compared to a loss per share of $(0.46) in the second quarter.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

First Solar, Inc. announced financial results for the third quarter of 2018. Net sales for the third quarter were $676 million, an increase of $367 million from the prior quarter primarily due to ongoing construction activities at the California Flats project and the sale of the Willow Springs and Manildra projects.   The company reported third quarter earnings per share (EPS) of $0.54, compared to a loss per share of $(0.46) in the second quarter. Net income increased compared to the prior quar...

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