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First Solar’s Q3 Net Income Surges 446% on Higher Module Prices and Sales in US

The company reported net sales of ~$801 million during the quarter

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U.S.-based solar module manufacturer First Solar recorded a net profit of $268.4 million during the third quarter (Q3) of 2023, a year-over-year (YoY) increase of 445.8% compared to a loss of $49.17 million.

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