First Solar(FSLR) - 2024 Q3 - Quarterly Results

EXHIBIT 99.1 News Release First Solar, Inc. Announces Third Quarter 2024 Financial Results • Net sales of $0.9 billion • Net income per diluted share of $2.91, impacted by $50 million product warranty reserve charge • Net cash balance of $0.7 billion • YTD net bookings of 4.0 GW; 0.4 GW since second quarter earnings call • Expected sales backlog of 73.3 GW TEMPE, Ariz., October 29, 2024 – First Solar, Inc. (Nasdaq: FSLR) (the "Company") today announced financial results for the third quarter ended September ...