AFTER HOURS TRADING DOWN TO 117.00 PER SHARE
First Solar is re-issuing its fourth quarter/year end earnings press release, issued earlier on February 18, 2010, to correct a typographical error contained in it. The reported number for the line item “Other current liabilities” in the consolidated balance sheet as of December 26, 2009 should have stated (in thousands) $95,202, not $95,902. All other numbers and information remain unchanged.
The corrected release reads:
FIRST SOLAR, INC. ANNOUNCES 2009 FOURTH QUARTER AND YEAR-END FINANCIAL RESULTS – MAINTAINS PREVIOUSLY ISSUED 2010 GUIDANCE
First Solar, Inc. (NASDAQ: FSLR - News) today announced its financial results for the fourth quarter and fiscal year ended December 26, 2009. Quarterly revenues were $641.3 million, up from $480.9 million in the third quarter of fiscal 2009 and up from $433.7 million in the fourth quarter of fiscal 2008. Revenues for the fiscal year ended December 26, 2009 were $2,066.2 million, up from $1,246.3 million in fiscal year 2008.
