First Solar Earnings, Revenue miss In Q3

  • Investing.com
First Solar Earnings, Revenue miss In Q3

Investing.com - First Solar (NASDAQ: FSLR ) reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

First Solar announced earnings per share of $-0.46 on revenue of $629.00. Analysts polled by Investing.com anticipated EPS of $-0.20 on revenue of $736.04M.

First Solar shares are down 33% from the beginning of the year and are trading at $117.75 , down-from-52-week-high.

First Solar shares lost 10.24% in after-hours trade the report.

First Solar follows other major Information Technology sector earnings this month

First Solar's report follows an earnings beat by Microsoft on Tuesday, who reported EPS of $2.35 on revenue of $50.1B, compared to forecasts EPS of $2.32 on revenue of $49.86B.

Visa A had beat expectations on Tuesday with fourth quarter EPS of $1.93 on revenue of $7.8B, compared to forecast for EPS of $1.87 on revenue of $7.57B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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