First Solar (NASDAQ:FSLR) Q2 Earnings, Revenue Increase; Reiterates Outlook

First Solar (NASDAQ:FSLR) reported Q2 earnings of $1.59 per diluted share, up from $0.52 a year earlier.

Analysts polled by Capital IQ expected $0.94.

Net sales for the quarter ended June 30 were $810.7 million, up from $621 million a year earlier.

Analysts surveyed by Capital IQ expected $719.4 million.

The company reiterated its 2023 EPS guidance between $7.00 and $8.00 and also reaffirmed revenue outlook of between $3.4 billion and $3.6 billion.

Analysts polled by Capital IQ expect $7.22 and $3.46 billion.

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