secwatch.observer — SEC 8-K summary
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Issuer:     FIRST SOLAR, INC. (FSLR)
CIK:        0001274494
Form:       8-K
Filed at:   2023-10-31T23:59:59+00:00
Accession:  0001274494-23-000024
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Solar Q3 EPS $2.50, beats prior quarter; raises FY EPS midpoint to $7.60
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- Net sales $801M (-$10M QoQ), diluted EPS $2.50 vs $1.59 in Q2 2023.
- Net cash balance $1.3B, down $0.2B on capex for expansions in Alabama, India, Ohio.
- YTD net bookings 27.8 GW; 6.8 GW since last call at avg $0.30/watt ex-India.
- Full-year net sales guidance $3.4B-$3.6B unchanged; EPS midpoint raised to $7.60.
- Expected sales backlog of 81.8 GW; manufacturing ramp and 45X tax benefits highlighted.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1274494/000127449423000024/0001274494-23-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1274494/000127449423000024/fslr-20231031.htm
  HTML page:      https://secwatch.observer/filing/0001274494-23-000024

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