Flexible Electronics News

First Solar Announces Full-Year 2019 Financial Guidance

Net sales of $3.25 to $3.45 billion.

First Solar, Inc.‘s complete 2019 guidance is as follows:

  • Net Sales $3.25B to $3.45B;
  • Gross Margin %: 20% to 21%;
  • Operating Expenses $390M to $410M;
  • Operating Income $260M to $310M;
  • Earnings per Share $2.25 to $2.75;
  • Net Cash Balance $1.6B to $1.8B;
  • Capital Expenditures $650M to $750M;
  • Shipments 5.4GW to 5.6GW

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