First Solar beats Q1 revenue expectations
- Admin
- May 2, 2024
- 1 min read
First Solar exceeded its Q1 2024 earnings expectations, posting a revenue of $794.11 million, surpassing Wall Street's estimates. Projecting a net sales range of $4.4 billion to $4.6 billion for the full year, the company also expects 15.6 GW to 16.3 GW in shipments. CEO Mark Widmar highlighted the company’s robust operating performance and growth driven by differentiated technology. First Solar also plans to double its manufacturing capacity by 2026.
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