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First Solar, Inc.

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First Solar reported forecast-beating third-quarter results across the board as recognition of revenues from the Desert Stateline project, cost improvements, and decreased module recycling/ collection obligations benefited profit margins. The company even raised its 2015 EPS guidance on solid third-quarter performance.  Its product innovation efforts will continue to attract customers and expand its revenue stream. The company is equally focused on its distributed generation strategy that will strengthen its position in the residential solar market. The booming solar market in the U.S. will further propel top-line growth for the company. However, intense competition, exposure to geopolitical risks and uncertainties regarding tax credit are major headwinds.


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