First Solar Inc Q2 2023 Earnings Call Summary - Thomson StreetEvents

First Solar Inc Q2 2023 Earnings Call Summary

First Solar Inc Q2 2023 Earnings Call Summary - Thomson StreetEvents
First Solar Inc Q2 2023 Earnings Call Summary
Published Jul 27, 2023
14 pages (8689 words) — Published Jul 27, 2023
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About This Report

  
Abstract:

Edited Brief of FSLR.OQ earnings conference call or presentation 27-Jul-23 8:30pm GMT

  
Brief Excerpt:

...Company reported Net sales of $811 million, Gross margin of 38%, SG&A of $83 million, operating income of $169 million, diluted earnings per share of $1.59, Cash of $1.5 billion, Total debt of $437 million, Cash of $89 million, gross profit of $14 million....

  
Report Type:

Brief

Source:
Thomson StreetEvents
Company:
First Solar Inc
Ticker
FSLR.OQ
Time
8:30pm GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Alexander John Vrabel - BofA Securities, Research Division - Analyst : It's Alex Vrabel on for Julian. Just a question on the domestic content one more time. I mean you alluded there, Mark, to -- some of the sort of missing bits that have to be clarified here. I'm just curious, given you guys have already sort of booked some, I guess, ASP uplift in '24 relative to offering domestic content, if there's any sort of, I guess, clawback potential from the developer, if they're actually not able to get it given some of the clarifications that we're waiting on. And I'll throw my second in here as well. When you think about the longer-term, I guess, expansion opportunity in the U.S., you guys have sort of historically been about 1/3 of the U.S. market. I think we have upwards of 70 gigawatts announced as far as module in the U.S. currently. How do you think about sort of your broader market share in the U.S. and what that could become over time as we get into the latter half of the decade?

Table Of Contents

First Solar Inc Q3 2023 Earnings Call Summary – 2023-10-31 – US$ 54.00 – Edited Brief of FSLR.OQ earnings conference call or presentation 31-Oct-23 8:30pm GMT

First Solar Inc Q3 2023 Earnings Call Transcript – 2023-10-31 – US$ 54.00 – Edited Transcript of FSLR.OQ earnings conference call or presentation 31-Oct-23 8:30pm GMT

First Solar Inc Analyst Day Summary – 2023-09-07 – US$ 54.00 – Edited Brief of FSLR.OQ corporate analyst meeting</ 7-Sep-23 12:30pm GMT

First Solar Inc Analyst Day Transcript – 2023-09-07 – US$ 54.00 – Edited Transcript of FSLR.OQ corporate analyst meeting</ 7-Sep-23 12:30pm GMT

First Solar Inc Q2 2023 Earnings Call Transcript – 2023-07-27 – US$ 54.00 – Edited Transcript of FSLR.OQ earnings conference call or presentation 27-Jul-23 8:30pm GMT

First Solar Inc Annual Shareholders Meeting Summary – 2023-05-09 – US$ 54.00 – Edited Brief of FSLR.OQ shareholder or annual meeting 9-May-23 4:00pm GMT

First Solar Inc Annual Shareholders Meeting Transcript – 2023-05-09 – US$ 54.00 – Edited Transcript of FSLR.OQ shareholder or annual meeting 9-May-23 4:00pm GMT

First Solar Inc Q1 2023 Earnings Call Summary – 2023-04-27 – US$ 54.00 – Edited Brief of FSLR.OQ earnings conference call or presentation 27-Apr-23 8:30pm GMT

First Solar Inc Q1 2023 Earnings Call Transcript – 2023-04-27 – US$ 54.00 – Edited Transcript of FSLR.OQ earnings conference call or presentation 27-Apr-23 8:30pm GMT

First Solar Inc Q4 2022 Earnings Call Summary – 2023-02-28 – US$ 54.00 – Edited Brief of FSLR.OQ earnings conference call or presentation 28-Feb-23 9:30pm GMT

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Cite this Report

  
MLA:
Thomson StreetEvents. "First Solar Inc Q2 2023 Earnings Call Summary" Jul 27, 2023. Alacra Store. May 15, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2023-First-Solar-Inc-Earnings-Call-B15659992>
  
APA:
Thomson StreetEvents. (2023). First Solar Inc Q2 2023 Earnings Call Summary Jul 27, 2023. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2023-First-Solar-Inc-Earnings-Call-B15659992>
  
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