First Solar(FSLR) - 2024 Q1 - Quarterly Results

EXHIBIT 99.1 News Release First Solar, Inc. Announces First Quarter 2024 Financial Results • Net sales of $794 million • Net income per diluted share of $2.20 • Net cash balance of $1.4 billion • Maintain full-year 2024 P&L guidance • YTD net bookings of 2.7 GW with an average selling price (“ASP”) of 31.3 cents per watt, excluding adjusters • Expected sales backlog of 78.3 GW TEMPE, Ariz., May 1, 2024 – First Solar, Inc. (Nasdaq: FSLR) (the “Company”) today announced financial results for the first quarter ...