First Solar (Nasdaq:fslr) Posts Better-than-Expected Sales in Q4
First Solar has announced a surprise increase in Q4 sales, with revenues rising by 30.7% year on year to $1.51 billion, beating analyst estimates. The company's adjusted EBITDA margin came in at 38.8%, but fell short of expectations. First Solar's management guidance for the upcoming financial year 2025 is $5.55 billion, representing a 31.9% growth rate.
- The unexpected sales surge may signal a shift in demand dynamics, as renewable energy companies that can adapt to changing market conditions are likely to thrive.
- How will the increasing competition from newer solar panel manufacturers impact First Solar's ability to maintain its market share and drive future growth?