...auslastung zu gefallen.
nachbörslich 10% +
wenn da nicht eine produktionserweiterung um vll. 50% nicht zeitnah folgt, bei der
wieder erstarkten solarnachfrage würde ich es nicht verstehen. insbesondere da es copy und paste ist. von den 1,7 mrd cash wenn die 0,2 in die erweiterung stecken würden, kämen 50% mrhr module raus.
die herstellungdkosten von fs sind ohnehin weltweit die benchmark. verkaufspreise passen für fs ebenfalls.
hier die q3 zahlen:
Net sales of $928 million
Net income per share of $1.45
Cash, restricted cash, and marketable securities of $1.7 billion, net cash of $1.4 billion
1.6 GWDC of bookings since prior earnings call
Strong fleet-wide production with capacity utilization averaging over 100% at all factories
Reinstate financial guidance for the fourth quarter 2020
TEMPE, Ariz., Oct. 27, 2020 (GLOBE NEWSWIRE) -- First Solar, Inc. (Nasdaq: FSLR) today announced financial results for the third quarter ended September 30, 2020.
“We delivered strong financial results for the third quarter,” said Mark Widmar, CEO of First Solar. “The dedication we continue to witness from our associates enabled us to expand module segment gross margin, close the sales of our Ishikawa, Miyagi, and Anamizu projects in Japan, and increase earnings per share quarter-over-quarter. This result reflects the strengths of our competitively advantaged CdTe modules and vertically integrated manufacturing process.”
Net sales for the third quarter were $928 million, an increase of $285 million from the prior quarter, primarily due to international project sales, and an increase in the volume of modules sold to third parties.
Net income per share for the third quarter was $1.45, compared to net income per share of $0.35 in the second quarter of 2020.
Cash, restricted cash, and marketable securities at the end of the third quarter totaled $1,671 million, an increase of $29 million from the prior quarter, primarily due to cash inflows from international project sales and module segment operating cash flows. This was partially offset by capital expenditures and loan repayments associated with international project sales.
Fourth Quarter 2020 Financial Guidance
The Company previously withdrew its full-year 2020 guidance on May 7, 2020 given the significant uncertainties regarding the severity and duration of the COVID-19 pandemic and its impact on the Company’s operations and financial results, as well as on energy and capital markets. As of the date of this release, the Company and its financial results have not been materially impacted by COVID-19. The Company today is reinstating financial guidance for the fourth quarter 2020 and providing implied full-year 2020 guidance based on its financial results through the third quarter 2020 and reinstated guidance for the fourth quarter 2020. The fourth quarter 2020 and implied full-year 2020 guidance are as follows:
Fourth Quarter 2020 Implied Full Year 2020
Net Sales $540M to $790M $2.6B to $2.9B
Gross Margin % (1) 26.5% to 27.0% 25%
Operating Expenses (2) $90M to $95M $351M to $356M
Operating Income (3) $50M to $120M $310M to $380M
Earnings per Share $1.00 to $1.50 $3.65 to $4.15
Net Cash Balance (4) $1.2B to $1.3B -
Capital Expenditures $123M to $223M $450M to $550M
Shipments§1.8GW to 2.0GW 5.5GW to 5.7GW
(1) Includes $5 million of ramp costs for FY’20;
(2) Includes $15 million of plant start-up expense for Q4’20 and $39 million for FY’20;
(3) Includes $44 million of ramp costs and plant start-up expense for FY’20 and $27 million of Series 4 shutdown and other severance costs for FY’20;
(4) Defined as cash, cash equivalents, marketable securities, and restricted cash less expected debt at the end of 2020.
Conference Call Details
First Solar has scheduled a conference call for today, October 27, 2020 at 4:30 p.m. ET, to discuss this announcement. A live webcast of this conference call and accompanying materials are available at investor.firstsolar.com.
Investors are encouraged to listen to the conference call and to review the accompanying materials, which contain more information about First Solar’s third quarter financial results and financial outlook.
An audio replay of the conference call will be available through Tuesday, November 10, 2020 and can be accessed by dialing +1 (800) 585-8367 if you are calling from within the United States or +1 (416) 621-4642 if you are calling from outside the United States and entering the replay passcode 3369808. A replay of the webcast will also be available on the Investors section of the Company’s website approximately five hours after the conclusion of the call and remain available for 90 days.