Flexible Electronics News

First Solar, Inc. Announces 3Q 2020 Financial Results

Net sales for the third quarter were $928 million, an increase of $285 million from the prior quarter.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

First Solar, Inc. announced financial results for the third quarter ended Sept. 30, 2020.   “We delivered strong financial results for the third quarter,” said Mark Widmar, CEO of First Solar. “The dedication we continue to witness from our associates enabled us to expand module segment gross margin, close the sales of our Ishikawa, Miyagi, and Anamizu projects in Japan, and increase earnings per share quarter-over-quarter. This result reflects the strengths of our competitively advantaged C...

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