FSLRFirst Solar, Inc.

$22B

Q3 2019 Earnings

Income Statement

Revenue

$547M-19.1% YoY

Gross Profit

$138M25.3% margin

Operating Income

$41M7.6% margin

Net Income

$31M5.6% margin

EPS (Diluted)

$0.29

QoQ Revenue Growth

-6.5%

Cash Flow

Operating Cash Flow

-$318M

Free Cash Flow

-$500M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$7.1B

Total Liabilities

$1.9B

Stockholders' Equity

$5.2B

Cash & Equivalents

$879M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$547M	$676M	-19.1%
Gross Profit	$138M	$129M	+7.2%
Operating Income	$41M	$58M	-29.4%
Net Income	$31M	$58M	-47.0%

Revenue Segments

Solar Module

$4.0B100%

FSLR Q3 2019 Earnings — First Solar, Inc. Revenue & Financial Results | Market Cap Arena