First Solar falls as guidance disappoints despite record volume By Investing.com
Update: 2025-10-30
Description
Despite record sales and a surge in module volumes, First Solar's shares plummeted after hours on October 30th, following a disappointing full-year guidance for 2025. The company's adjusted earnings missed analysts' predictions, but its revenue exceeded expectations, driven by a record 5.3 GW of solar module sales. First Solar's CEO highlighted positives, including a new U.S. manufacturing facility, a soaring net cash balance, and strong contracted sales backlog. Despite industry challenges, the company aims to differentiate itself by guaranteeing prices and delivery times.
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