All Entries Tagged With: "First"
Enphase Q1: Strong Momentum in First Quarter as Public Firm
Amazon.com Widgets Solar microinverter firm Enphase had its first earnings call today as a public company with a presentation covering its first quarter performance. In early April, Enphase completed its IPO, raising total gross proceeds of $ 61.9 million. Paul Nahi, CEO, led the festivities. Here are the key takeaways: Net revenues increased to $ [...]
First Solar Q1 Earnings: Posts Second-Ever Loss, New CEO, New Plan
First Solar (Nasdaq:FSLR) announced its Q1 earnings yesterday and posted its second-ever loss. As reported yesterday, the company appointed Jim Hughes as new CEO, and as reported last month, First Solar idled lines in Malaysia, closed down its German factory, and fired 30 percent of its workforce, or about 2,000 employees. The quarter's loss was [...]
First Solar Q1 Earnings: Posts Second-Ever Loss, New CEO, New Plan
First Solar (Nasdaq:FSLR) announced its Q1 earnings yesterday and posted its second-ever loss. As reported yesterday, the company appointed Jim Hughes as new CEO, and as reported last month, First Solar idled lines in Malaysia, closed down its German factory, and fired 30 percent of its workforce, or about 2,000 employees. The quarter's loss was [...]
First Solar Q1 Earnings: Posts Second-Ever Loss, New CEO, New Plan
First Solar (Nasdaq:FSLR) announced its Q1 earnings yesterday and posted its second-ever loss. As reported yesterday, the company appointed Jim Hughes as new CEO, and as reported last month, First Solar idled lines in Malaysia, closed down its German factory, and fired 30 percent of its workforce, or about 2,000 employees. The quarter's loss was [...]
First Solar Q1 Earnings: Posts Second-Ever Loss, New CEO, New Plan
First Solar (Nasdaq:FSLR) announced its Q1 earnings yesterday and posted its second-ever loss. As reported yesterday, the company appointed Jim Hughes as new CEO, and as reported last month, First Solar idled lines in Malaysia, closed down its German factory, and fired 30 percent of its workforce, or about 2,000 employees. The quarter's loss was [...]
What Do First Solar’s Plant Closures Say About Thin Film’s Competitiveness?
This is the second piece in a series of analyst perspectives related to GTM Research's recently released Thin Film 2012 report. To learn more about this report, click here. To read the first analyst perspective piece, click here. We can chalk up First Solar as another victim of consolidation in the solar shakeout. After last [...]
What Do First Solar’s Plant Closures Say About Thin Film’s Competitiveness?
This is the second piece in a series of analyst perspectives related to GTM Research's recently released Thin Film 2012 report. To learn more about this report, click here. To read the first analyst perspective piece, click here. We can chalk up First Solar as another victim of consolidation in the solar shakeout. After last [...]
First Solar PV News and Blues Roundup
First Solar (Nasdaq:FSLR), despite some recent body blows to its stock price and morale, remains the standard-bearer of the American and perhaps global solar industry. No solar company has grown as fast as First Solar with as much continual progress in execution and technology. The next few years will be a challenge for the company, [...]
Green Jobs: New First Solar CCO, SolarBridge VP, SunRun CFO, CFO at SunPower, Fisker CEO
First Solar, in its quest to focus on unsubsidized emerging PV markets, has created a new role at the company — Chief Commercial Officer — and appointed James Hughes, a former Enron executive, to the role. SunRun, a solar home financier, appointed a new CFO, Barak Ben-Gal, formerly VP of Finance at Support.com (Nasdaq: SPRT). [...]
Revisited: Why I Am Short First Solar
Editor's note: First Solar stock was trading at about $ 134 per share when John Hempton of Bronte Capital wrote this piece in April of 2010. It's currently trading at $ 25.80 per share, close to its 52-week low. I communicated with Hempton via email this week and he said that his "thesis turned out [...]
