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First Solar Inc (FSLR.OQ)

FSLR.OQ on NASDAQ Stock Exchange Global Select Market

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Wed, Nov 16 2016

First Solar 2017 sales forecast misses; to slash 27 percent jobs

First Solar Inc forecast 2017 sales well below analysts' estimate, and the company said it would slash about 1,600 jobs, or 27 percent of its global workforce, as it transitions to a new product ahead of schedule.

UPDATE 2-First Solar 2017 sales forecast misses; to slash 27 pct jobs

* To advance production of Series 6 modules by a year to 2018

BRIEF-First Solar says will begin phasing out Series 4 production later this year-conf call

* Says one impact of Series 6 pull forward is that 2017 production will be lower than previously communicated

BRIEF-First Solar to reduce workforce by about 1,600 associates

* To reduce First Solar's workforce by approximately 1,600 associates, or 27% of its approximately 6,000 global total

BRIEF-First Solar to cut workforce

* First Solar, Inc. announces acceleration of Series 6 Solar Module Production to 2018; Restructures operations; Updates 2016 guidance & provides 2017 guidance

First Solar to slash 1,600 jobs

Nov 16 First Solar Inc, the largest U.S. solar equipment maker, said it would slash about 1,600 jobs, or 27 percent of its global workforce, to cut costs as it transitions to production of Series 6 modules.

First Solar says panel price slide harming bookings

First Solar Inc on Wednesday said a 30 percent slide in panel prices has forced it to walk away from some money-losing supply contracts and it is working to accelerate the introduction of a cheaper, more competitive module.

UPDATE 2-First Solar says panel price slide harming bookings

Nov 2 First Solar Inc on Wednesday said a 30 percent slide in panel prices has forced it to walk away from some money-losing supply contracts and it is working to accelerate the introduction of a cheaper, more competitive module.

BRIEF-First Solar posts Q3 adj. earnings per share $1.22

* First Solar Inc announces third quarter 2016 financial results

First Solar's profit slumps 56 pct; company cuts 2016 rev forecast

Nov 2 First Solar Inc, the largest U.S. solar equipment manufacturer, reported a 55.9 percent drop in quarterly profit on Wednesday, and the company cut its full-year revenue forecast for the second time.

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