secwatch.observer — SEC 8-K summary
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Issuer:     FIRST SOLAR, INC. (FSLR)
CIK:        0001274494
Form:       8-K
Filed at:   2025-04-29T23:59:59+00:00
Accession:  0001274494-25-000032
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Solar Q1 EPS $1.95 on $0.8B sales; cuts FY25 guidance on new tariffs
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1274494/000127449425000032/0001274494-25-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1274494/000127449425000032/fslr-20250429.htm
  HTML page:      https://secwatch.observer/filing/0001274494-25-000032

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