secwatch.observer — SEC 8-K summary
======================================

Issuer:     FIRST SOLAR, INC. (FSLR)
CIK:        0001274494
Form:       8-K
Filed at:   2023-04-27T23:59:59+00:00
Accession:  0001274494-23-000009
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Solar Q1 net income $0.40/diluted share; net sales $548M; YTD bookings 12.1 GW
--------------------------------------------------------------------------------

- Net sales of $548M, down $454M from prior quarter on lower module volume to third parties.
- Net income per diluted share $0.40 vs net loss per share of ($0.07) in Q4 2022.
- Net cash balance $2.0B vs $2.4B end of prior quarter; capex for expansions in AL, India, OH.
- YTD net bookings 12.1 GW DC; 4.8 GW DC since Q4 call at avg ASP $0.318 per watt.
- Full-year 2023 guidance reaffirmed: net sales $3.4B-$3.6B, EPS $7.00-$8.00, volume 11.8-12.3 GW.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1274494/000127449423000009/0001274494-23-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1274494/000127449423000009/fslr-20230427.htm
  HTML page:      https://secwatch.observer/filing/0001274494-23-000009

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer