First Solar exceeds profit estimate for sixth straight quarter
The largest U.S. solar equipment manufacturer, First Solar Inc., has exceeded analysts’ profit estimate for the sixth quarter in a row, The Toledo Blade reports. First Solar’s “only North American solar-panel factory is in Perrysburg Township” Ohio; the company “raised its full-year gross margin forecast for the fourth time,” according to the article. First Solar “said it expected gross margins between 25.5 percent to 26 percent, well above its previous range of 18.5 percent to 19 percent.” For more, read the full article.
