secwatch.observer — SEC 8-K summary
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Issuer:     FIRST SOLAR, INC. (FSLR)
CIK:        0001274494
Form:       8-K
Filed at:   2024-05-01T23:59:59+00:00
Accession:  0001628280-24-019623
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Solar Q1 net sales $794M, EPS $2.20; guides FY24 net cash to $600-900M, capex $1.8-2.0B
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- Net sales $794M (down $0.4B QoQ); diluted EPS $2.20 (vs $3.25 Q4 2023).
- Net cash balance $1.4B, down from $1.6B; FY24 net cash guidance lowered to $600-900M.
- Capital expenditure guidance raised to $1.8-2.0B from $1.7-1.9B for capacity expansions in AL, LA, OH.
- YTD net bookings 2.7 GW at ASP 31.3¢/W (excl adjusters); total backlog 78.3 GW.
- Full-year P&L guidance unchanged: net sales $4.4-4.6B, EPS $13.00-14.00, volume 15.6-16.3GW.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1274494/000162828024019623/0001628280-24-019623-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1274494/000162828024019623/fslr-20240501.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-019623

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