First Solar Reiterates Guidance

2023 guidance remains unchanged. The complete 2023 guidance is as follows: PriorCurrentNet Sales$3.4B to $3.6BUnchangedGross Margin (1)$1.2B to $1.3BUnchangedOperating Expenses (2)$415M to $440MUnchangedOperating

2023 guidance remains unchanged. The complete 2023 guidance is as follows:

  Prior Current
Net Sales $3.4B to $3.6B Unchanged
Gross Margin (1) $1.2B to $1.3B Unchanged
Operating Expenses (2) $415M to $440M Unchanged
Operating Income (3) $745M to $870M Unchanged
Earnings per Diluted Share $7.00 to $8.00 Unchanged
Net Cash Balance (4) $1.2B to $1.5B Unchanged
Capital Expenditures $1.9B to $2.1B Unchanged
Volume Sold 11.8GW to 12.3GW Unchanged

 

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