First Solar, Inc. has reported financial results for Q1 2024 ending on March 31. The company’s net sales totaled $794 million, down $0.4 billion from the previous quarter. Earnings per diluted share were $2.20, compared to $3.25 in Q4 2023. The company produced 2.4 GW of S6 modules and 1.2GW of S7 modules in Q1 2024. First Solar’s 2024 guidance forecasts net sales of $4.4 billion to $4.6 billion and operating income of $1.5 billion to $1.6 billion.
First Solar reports Q1 2024 results
First Solar has reported revenues of $794 million for Q1 2024, down $0.4 billion sequentially. (Image Credit: SolarBytes)
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