- The Q3 figures from First Solar were very well received.
- At first sight, it was a little difficult to perceive what exactly caused the shareholder enthusiasm.
- Yes, there was a big quarterly beat, but quarter to quarter business is volatile and the yearly outlook didn’t change all that much.
- We delve into this and will argue that it’s a combination of things.
Source: First Solar: What Moved It Higher? – First Solar, Inc. (NASDAQ:FSLR) | Seeking Alpha