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First Solar jumps on strong quarter, record backlog in rare bright spot for beaten-down renewable sector
FSLRFirst Solar(FSLR) CNBC·2024-02-28 15:57

A solar field is seen on site at First Solar in Perrysburg, Ohio July 8, 2022. Picture taken with drone.First Solar shares jumped Wednesday after reporting another solid quarter, with the company booked solid through 2026 and an order backlog that stretches into the end of the decade.The stock traded as much as 9% higher on the day. It was last up about 2%.Here's how the company did in the fourth quarter:Net income rose 30% year over year to $349.2 million from $268.3 millionEarnings per share of $3.25 beat ...