First Solar (FSLR) Rockets to Fresh High on Q3 Blowout, Upbeat Outlook

Core Insights - First Solar, Inc. (NASDAQ:FSLR) achieved a new all-time high stock price following a strong earnings report and an optimistic growth outlook for 2025 [1][2] Financial Performance - In Q3, First Solar's net income increased by 45.7% to $455.9 million compared to $312.9 million in the same quarter last year [2] - Net sales surged by 79.6% to $1.59 billion from $888 million year-on-year, primarily due to a higher volume of modules sold to third parties [2] Growth Outlook - The company raised its net sales outlook for the full year to a range of $4.95 billion to $5.20 billion, up from a previous estimate of $4.90 billion to $5.70 billion [3] - CEO Mark Widmar emphasized the company's ability to offer pricing and delivery certainties, which helps it adapt to changing demand in the solar industry [3]