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First Solar Shares Are Going Totally Nuts

Rob WileNov 1, 2013, 22:05 IST

First Solar shares are up 18.75% after the largest solar panel manufacturer in the U.S. crushed earnings forecast.

The company reported adjusted earnings per share of $2.28, compared with $0.99 expected. Unadjusted earnings came in at $1.94/share.

Net sales were $1.3 billion in the quarter, up 74% from Q2 and from the prior quarter and 204% from Q3 2012.

Here's the chart:

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