First Solar Q4 Earnings: Conference Call Play-By-Play Recap
First Solar, Inc. (NASDAQ: FSLR) is set to report earnings this Tuesday afternoon. Below is a live blog of the events.
05:23:33pm: The conference call has concluded.
05:14:44pm: "We have high hopes for TetraSun technology, and we believe that we can drive improvements...over time."
05:10:10pm: On first quarter gross margins: "We're not going to provide those numbers."
04:59:13pm: Executives reiterate: The company is not giving 2015 bookings guidance yet.
04:56:12pm: As costs continue to go down, we're seeing "great and greater adoption." What's best, is this is because consumers are recognizing solar "represents a compelling value opportunity," not due to anything policy related.
04:53:33pm: ...And the results summary.
04:48:55pm: ...And next, highlights Q1 guidance.
04:46:12pm:
Great work by BB9166 who takes the win for $FSLR beating 32 other analysts and the Wall Street Consensus - http://t.co/cc1Mwor3oQ
— Estimize (@Estimize) February 24, 2015
04:45:55pm: First Solar highlights its Q4 operations overview.
04:39:11pm:The $848 million California Flats project with Apple Inc. (NASDAQ: AAPL) is the largest contributor to that growth
04:38:33pm: "Strength of bookings and increased demand is a testament to our increased" competitiveness
04:34:00pm: Both First Solar and SunPower plan to eventually put their proposed YieldCo through the IPO process
04:07:28pm: First Solar Sees Q1 GAAP Loss of $0.35-$0.25/Share
04:06:23pm: First Solar Sees Q1 Sales $550M-$650M
04:05:39pm: First Solar Reports Q4 GAAP EPS $1.89 May Not Compare to $0.76 Est., Sales $1.01B vs $1.28B Est.
Further Reading
A YieldCo is The 'Best Strategy' For First Solar And SunPower Corporation (NASDAQ: SPWR), Deutsche Bank Explains
Deutsche Bank Upgrades First Solar To Buy
First Solar YieldCo Is 'No Guarantee,' Expert Says
Raymond James On First Solar: Focus Is On Guidance, Not So Much Earnings
TD Ameritrade Chief Strategist Saw Increased Buying Of Calls On First Solar
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