Monday, July 28, 2008

First Solar, Inc. Earnings (FSLR)

First Solar, Inc. (FSLR) earnings are coming up, 30th July

Probably the only Bullish solar stock at the moment, expect some big moves in the next days.

And interesting article about FSLR Earnings and some interesting info:
First Solar Earnings Call, First Quarter 2008
The manufacturer of solar modules that lowers solar electricity costs reported revenues of $196.9 million, up 66% from $66.9 million in 2007, driving net income to $46.6 million or 57 cents per share. Gross margin was impacted by 4.1 percentage points due to price decline partially offset by foreign exchange benefits and higher overhead absorption due to incremental product shipments at a variable margin in excess of 70%.


Another interesting article about Suntech Power:
World’s First Solar Billionaire

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