Earnings Summary

First Solar, Inc.’s revenue jumped 30.55% since last year same period to $810.67Mn in the Q2 2023. On a quarterly growth basis, First Solar, Inc. has generated 47.86% jump in its revenue since last 3-months.

First Solar, Inc.’s net profit jumped 205.67% since last year same period to $170.58Mn in the Q2 2023. On a quarterly growth basis, First Solar, Inc. has generated 300.79% jump in its net profits since last 3-months.

First Solar, Inc.’s net profit margin jumped 134.14% since last year same period to 21.04% in the Q2 2023. On a quarterly growth basis, First Solar, Inc. has generated 171.06% jump in its net profit margins since last 3-months.

First Solar, Inc.’s earning per share (EPS) estimates for the current quarter stand at -0.14 - a 48.15% jump from last quarter’s estimates.

First Solar, Inc.’s earning per share (EPS) estimates for the current year stand at -0.14.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. First Solar, Inc.’s return on assets (ROA) stands at 0.01.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. First Solar, Inc.’s return on equity (ROE) stands at 0.03.