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Stock impact report

First Solar Isn't Immune to the Global Solar Slowdown [The Motley Fool]

First Solar, Inc. (FSLR) 
Last first solar, inc. earnings: 2/20 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.firstsolar.com/investor-relations
Company Research Source: The Motley Fool
Third-quarter numbers were decent, but the future is looking a little cloudy for First Solar. A global slowdown in solar demand has hit First Solar, Inc. ( NASDAQ:FSLR ) just as the company is expanding its own supply of solar panels. The result wasn't a bad quarter in the third quarter of 2018, but bookings of future sales have slowed dramatically , and management has cut guidance, which raises lots of questions about the future.  There are both positive and negative signs for First Solar right now, so let's dig into the results and what investors should be looking at in last quarter's numbers.  Image source: First Solar. First Solar, Inc. : The raw numbers Metric Q3 2018 Q3 2017 Change (YOY) Sales $676.2 million $1,087.0 million  (38%)  Net income $57.8 million  $205.7 million  (71.9%)  Diluted EPS $0.54  $1.95  (72.3%)  Data source: First Solar, Inc. Q3 2018 earnings release. YOY = year over year. Show less Read more
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