First Solar Earnings

First Solar, Inc. (NASDAQ: FSLR) reports Q3 EPS of $1.79, 6 cents better than the analyst estimate of $1.73. Revenue for the quarter was $480 million, which compares to the estimate of $528.78 million. Shares are being cripled, down over 16% this morning.

Sees FY09 Revs of $1.975 - $2.025 billion, versus $2 billion consensus.
(CEO) Net sales were $480.9 million that drove net income of $153.3 million and diluted earnings per share of $1.79.

Labels: Earnings, First Solar Inc, FSLR, Solar Stocks

posted by Ertai at 12:29 PM