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First Solar Swings to Profit in Q4 on Strong US Demand

The company’s net sales jumped 33% to $1.2 billion

February 28, 2024

/ Arshreet Singh
/ Finance and M&A,
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U.S.-based solar module manufacturer First Solar reported a fourth-quarter (Q4) net income of $349 million, swinging to profit from last year’s loss of $7.5 million, as the company saw robust demand for its modules in the U.S.

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Arshreet Singh

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