Shares of First Solar, Inc. (FSLR) fell sharply on Tuesday even after the company reported higher fourth-quarter profit and revenue.
The stock is currently trading at $206.67, down $36.54 or 15.03%, on the Nasdaq. The stock opened at $197.07 after closing Tuesday at $243.21. The stock has traded between $116.56 and $285.99 in the past 52-week period.
First Solar reported fourth-quarter net income of $520.88 million, or $4.84 per share, up from $393.12 million, or $3.65 per share, last year. Revenue increased 11.1% to $1.682 billion.
For full-year 2025, net sales rose to $5.2 billion, driven by a 24% increase in module shipments. Looking ahead, the company expects 2026 net sales of $4.9 billion to $5.2 billion.
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