First Solar Inc. Is Losing Ground Following Q3 Report

First Solar Inc. (FSLR) reported third quarter EPS of $1.79 after the close Wednesday, which came in above the consensus estimate of $1.74. Revenues for the quarter were $480.9 million, which fell short of the consensus estimate of $528.78 million. The stock is now down 18.35 on 996K shares.

First Solar Inc. climbed during the first 45 minutes of trade Wednesday and closed higher by 1.36 at $151.58. The stock finished near the lower end of a month and a half long range.

by RTTNews Staff Writer

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