for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up
Company News

First Solar reports smaller quarterly loss

Feb 22 (Reuters) - First Solar Inc reported a smaller quarterly loss on Thursday compared with a year ago when the largest U.S. solar panel maker took a one-time charge of $729 million.

The company’s net loss narrowed to $432.45 million, or $4.14 per share, in the fourth quarter ended Dec.31, from $750.79 million, or $7.22 per share, a year earlier.

Net sales rose 2.5 percent to $339.18 million. (Reporting by Taenaz Shakir in Bengaluru; Editing by Arun Koyyur)

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up