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Dec 31, 2020
First Solar Q4 2020 Earnings Report
Announced fourth quarter and full year 2020 financial results.
Key Takeaways
First Solar reported Q4 net sales of $0.6 billion and net income per share of $1.08. The company's cash, restricted cash, and marketable securities increased to $1.8 billion. They provided 2021 net sales guidance of $2.85 billion to $3.0 billion and EPS guidance of $4.05 to $4.75.
Net sales of $0.6 billion for the fourth quarter
Net income per share of $1.08 for the fourth quarter
Year-end cash, restricted cash, and marketable securities of $1.8 billion
5.5 GWDC of 2020 net bookings
Forward Guidance
First Solar provided 2021 net sales guidance of $2.85 billion to $3.0 billion and EPS guidance of $4.05 to $4.75.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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