First Solar Reports Record Q1 Earnings and Strong Backlog
First Solar reported record first-quarter net sales of $1.0 billion, along with strong financial performance including 47% gross margin and adjusted EBITDA of $520 million. The company highlighted a large contracted backlog of 47.9 GW valued at $14.4 billion and continued demand in the U.S. and India.
Tickers: $FSLR