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Wednesday, February 25, 2015

Solar Stock First Solar (FSLR) Gains Following Earnings Report


Solar Stock First Solar (FSLR) Gains Following Earnings Report


Point Roberts WA, NEW YORK, NY – February 25, 2015 - Investorideas.com, a global news source covering leading sectors including solar stocks issues an alert following First Solar, Inc. (FSLR) yesterday  announcing  financial results for the fourth quarter and year ended December 31, 2014. Net sales were $1,008 million in the quarter, an increase of $119 million from the third quarter of 2014.

Summary:

• Net sales of $1.0 billion for the fourth quarter and $3.4 billion for 2014
• GAAP earnings per fully diluted share of $1.89 for the fourth quarter and $3.91 for 2014
• Cash and marketable securities of $2.0 billion, net cash of $1.8 billion
• 2014 full year bookings of 2.5GWdc; 2015 year-to-date bookings of 311MWdc



First Solar is a leading global provider of comprehensive photovoltaic (PV) solar systems which use its advanced module and system technology. The company's integrated power plant solutions deliver an economically attractive alternative to fossil-fuel electricity generation today. From raw material sourcing through end-of-life module recycling, First Solar's renewable energy systems protect and enhance the environment. For more information about First Solar, please visit www.firstsolar.com.


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