First Solar (FSLR) stock hit a new all-time high after an impressive Q3 earnings report. Net income rose by 45.7% to $455.9 million compared to last year. Net sales went up by 79.6% to $1.59 billion. CEO Mark Widmar cited effective response to market challenges. Outlook raised to $4.95-$5.20 billion.
The stock price of First Solar, Inc. (NASDAQ:FSLR) reached $269.67, its highest 52-week price, before closing at $267.99, up 14.28%. The company’s strong performance and optimistic growth forecast for 2025 drove the surge. Net sales increased by 79.6% to $1.59 billion in Q3.
First Solar, Inc. (NASDAQ:FSLR) is among the top-performing stocks, reaching an all-time high on Friday. The company reported a significant increase in net income and net sales in Q3, leading to an improved outlook for full-year 2025. CEO Mark Widmar emphasized the company’s ability to adapt to market changes.
Read more at Yahoo Finance: First Solar (FSLR) Rockets to Fresh High on Q3 Blowout, Upbeat Outlook
