First Solar Earnings Scorching After Analyst-Day Boost

By | May 6, 2014

Scalper1 News

 First Solar soundly beat first-quarter estimates late Tuesday and raised guidance, making what its CEO called “significant progress” toward targets set at its March 19 analyst day, when the stock rocketed 21%. The largest solar energy company by market cap, manufacturer First Solar (FSLR) rose nearly 3% after hours Tuesday. It fell 1% to 67.45 in the regular session. Net sales grew 26% to $950 million, trouncing expectations for Scalper1 News

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