First Solar shares are up nearly 4% after-hours after announcing higher guidance 2014 guidance for earnings, margins and operating income.
Q1 earnings for the Tempe-based solar systems provider came in at $US1.10, a 66% increase from Q1 2013. Net sales hit $US950 million, a 26% increase from Q1 2013.
The firm also announced improved new bookings. Here’s the full quarter-over-quarter and year-over-year rundown:
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