Seeking Alpha

More on First Solar's Q2: Gross margin was 25.4%, down from 36.5% in the year-ago period, but up...

More on First Solar's Q2: Gross margin was 25.4%, down from 36.5% in the year-ago period, but up from Q1's 15.4%. Also, opex fell 20% Y/Y even as revenue surged, evidence the company's cost-cutting efforts are paying off. Not entirely clear is how much anti-dumping tariffs are helping First Solar's top line. Accounts receivable (closely watched given payment concerns) totaled $580.8M, -33% Q/Q. Inventories were nearly flat. FSLR +13.1% AH. (PR)

Check out Seeking Alpha’s new Earnings Center »

Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs