PHOENIX (AP) — PHOENIX (AP) — First Solar Inc. (FSLR) on Thursday reported second-quarter net income of $422.6 million.
On a per-share basis, the Phoenix-based company said it had net income of $3.92.
The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.74 per share.
The largest U.S. solar company posted revenue of $1.06 billion in the period, matching Street forecasts.
First Solar expects full-year revenue in the range of $4.9 billion to $5.2 billion.
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