secwatch.observer — SEC 8-K summary
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Issuer:     FIRST SOLAR, INC. (FSLR)
CIK:        0001274494
Form:       8-K
Filed at:   2023-07-27T23:59:59+00:00
Accession:  0001274494-23-000021
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Solar Q2 EPS $1.59, net sales $811M; guides FY EPS $7-8 unchanged
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- Net sales $811M (+$262M QoQ); diluted EPS $1.59 vs $0.40 in Q1.
- YTD net bookings 21.1 GW; backlog 77.8 GW expected volume sold.
- Up to $1.1B investment in new 3.5 GW Series 7 US manufacturing facility.
- FY 2023 guidance: net sales $3.4-3.6B, EPS $7-8 unchanged; operating expenses raised to $450-475M.
- Net cash balance guided to $1.5-1.8B (up from $1.2-1.5B); capex lowered to $1.7-1.9B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1274494/000127449423000021/0001274494-23-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1274494/000127449423000021/fslr-20230727.htm
  HTML page:      https://secwatch.observer/filing/0001274494-23-000021

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