How hot is too hot? First Solar’s star status gets another boost
Source: Los Angeles Times Blogs /April 30, 2008
http://latimesblogs.latimes.com/money_co/2008/04/first-solar-inc.html
Times staff writer Edward Silver, who keeps a close eye on green investing trends, filed this report on solar-module maker First Solar Inc.’s earnings report today: First Solar thinks different, and that’s why its stock is in a class by itself in the renewable-energy field. Though it’s a young company in an emerging industry, it has become a profit machine, a status burnished by its first-quarter results. Today it reported earnings of 57 cents a share, outdoing consensus estimates by a dime. Revenue of $196.9 million was triple the year-earlier sum. Taking the (more…)