earnings
confidence high
sentiment negative
materiality 0.80
First Solar Q1 EPS $1.95 on $0.8B sales; cuts FY25 guidance on new tariffs
FIRST SOLAR, INC.
2025-Q1 EPS reported
$1.95
revenue$844,568,000
- Net sales $0.8B, down from $1.5B in Q4 2024 due to seasonal module volume drop.
- Net income per diluted share $1.95 vs $3.65 in prior quarter.
- Net cash balance fell to $0.4B from $1.2B at year-end, driven by LA facility capex.
- FY25 guidance cut: revenue now $4.5B-$5.5B (prior $5.3B-$5.8B); EPS $12.50-$17.50 (prior $17.00-$20.00).
- YTD net bookings 0.7 GW at avg. 30.5¢/watt; total backlog 66.3 GW.