First Solar predicts a better year ahead, and stock gains

Published on 27 Feb 2024 on Market Watch

First Solar predicts a better year ahead, and stock gains

First Solar Inc. shares rose about 5% in the extended session Tuesday after investors looked past a mixed quarter for the solar-power company to cheer guidance for the year.

First Solar earned $349 million, or $3.25 a share, in the fourth quarter, compared with $268 million, or $2.50 a share, in the year-ago period.

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First Solar predicts a better year ahead, and stock gains

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