Categories Earnings, Energy

First Solar (FSLR): Q4 2019 Earnings Snapshot

Earnings Update by AlphaStreet

— First Solar, Inc. (NASDAQ: FSLR) reported a loss of $0.56 per share in the fourth-quarter 2019 vs. earnings of $2.72 per share expected.  The bottomline was hurt by $363 million in litigation costs.

— Revenue more than doubled to $1.4 billion, versus $1.75 billion expected. 

— Non-GAAP EPS, adjusting for litigation losses, for full year 2019 was $1.48 per share

— FSLR ended Thursday’s regular trading session up 3.4%. 

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