First Solar reports FY2024 EPS $12.02, guides FY2025 EPS $17-$20 on $5.3B-$5.8B sales

FIRST SOLAR, INC.

2024-FY EPS reported $12.02 revenue$4,206,289,000

Q4 net sales $1.5B, FY2024 net sales $4.2B (up from $3.3B prior year). EPS $3.65 Q4, $12.02 FY2024.
2025 guidance: net sales $5.3B-$5.8B, EPS $17-$20, volume 18-20 GW.
2024 net bookings 4.4 GW at avg selling price 30.5 cents/watt (excl. adjusters, India domestic, terminations).
Year-end net cash $1.2B; 2025 net cash guidance $0.7B-$1.2B, capex $1.3B-$1.5B.
Q1 2025 expected EPS $2.20-$2.70 on 2.7-3.0 GW module sales.

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