PHOENIX (AP) 鈥� PHOENIX (AP) 鈥� First Solar Inc. (FSLR) on Thursday reported first-quarter net income of $346.6 million.
The Phoenix-based company said it had profit of $3.22 per share.
The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $2.87 per share.
The largest U.S. solar company posted revenue of $1.04 billion in the period, which missed Street forecasts. Nine analysts surveyed by Zacks expected $1.05 billion.
First Solar expects full-year revenue in the range of $4.9 billion to $5.2 billion.
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