Detail akcie First Solar online

Business Summary: First Solar, Inc. is a solar technology company and global provider of photovoltaic cells (PV) solar energy solutions. The Company manufactures and sells PV solar modules with a semiconductor technology, which provides an alternative to conventional crystalline silicon PV solar modules. The Company operates through two segments: Modules Business and Other. Its Modules Business segment is involved in the designing, manufacturing, and selling of CdTe solar modules, which convert sunlight into electricity. Third-party customers of the modules business segment include developers and operators of systems, utilities, independent power producers, commercial and industrial companies, and other system owners. The Company's products include the Series 7 Module and Series 6 Plus module. The Company has its manufacturing locations in Malaysia, the United States and Vietnam. Its subsidiaries include First Solar Development, LLC, First Solar FE Holdings Pte. Ltd., and First Solar Malaysia Sdn. Bhd.
Financial Summary: BRIEF: For the six months ended 30 June 2024, First Solar Inc revenues increased 33% to $1.8B. Net income increased from $213.1M to $586M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Litigation loss decrease of 99% to $430K (expense), Gain on sales of businesses, net increase from $118K to $1.1M (income).