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Reports net sales of $3.1 billion for 2019, $1.4 billion for the fourth quarter.
February 25, 2020
By: DAVID SAVASTANO
Editor, Ink World Magazine
First Solar, Inc. announced financial results for the fourth quarter and year ended Dec. 31, 2019. Net sales for the fourth quarter were $1.4 billion, an increase of $0.9 billion from the prior quarter, and full-year sales of $3.1 billion. The increase was primarily a result of project sales in the US and increased module shipments. The company reported a fourth-quarter GAAP loss per share of $(0.56), compared to GAAP earnings per share (EPS) of $0.29 in the prior quarter, and full-year GAAP lo...
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