27.07.2017 22:13:56

First Solar Raises 2017 Guidance - Quick Facts

(RTTNews) - First Solar, Inc. (FSLR) announced the company now expects its 2017 non-GAAP EPS in the range of $2.00 to $2.50, up from prior guidance of $0.25 to $0.75. Net sales are now projected to be in the range of $3.0 to $3.1 billion compared to prior guidance range of $2.85 to $2.95 billion.

The company raised its revenue, earnings per share, operating cash flow and net cash guidance for the year as a result of improved visibility into the sale of systems projects, a discrete tax benefit in the second quarter and continuing operational improvements.

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