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News  ›  Benzinga

Why Are First Solar Shares Surging On Friday?

Benzinga Logo Benzinga By Lekha Gupta
Why Are First Solar Shares Surging On Friday?

First Solar reported Q3 earnings with $1.6 billion in sales, beating consensus, but narrowed its full-year guidance due to operational challenges. The company secured 2.7 GW in new bookings and maintains a strong 53.7 GW sales backlog.

Insights
FSLR   neutral

Mixed performance with sales beat but narrowed guidance, operational challenges noted, yet strong demand fundamentals and robust backlog maintained