mm55mms latest, page-7

toucher

Had a look at FSLR's stats on NASDAQ and its an interesting example to give us an idea of what may lay ahead once revenues ramp up. Its nice to dream anyway!!!

I noted with interest a Q$ 2007 report issued on 13/02/08 (below). Of particular interest is that as of yesterday First Solar has a market cap of nearly US$23b, a share price US$291 and that its share price as of the Q4 report was $219 .. so its up nearly 30% in 2 months on these results:

First Solar Q4 Profit Surges; Revenue Nearly Quadruples; Guides FY08 Revenues - Update



(RTTNews) - First Solar, Inc. (FSLR), a manufacturer and marketer of solar electric power modules, on Wednesday reported earnings that more than doubled compared to the year ago period, benefiting from full capacity and lower manufacturing cost. Quarterly earnings and revenues toped the Street estimate. Shares gained nearly 21% in the pre-market activity.

Net income of the Phoenix, Arizona-based First Solar surged to $62.87 million or $0.77 per share for the fourth quarter from $8.0 million or $0.12 per share a year ago. On average, twenty-four analysts surveyed by First Call/Thomson Financial expected the company to earn $0.53 per share for the quarter. In the prior quarter, the company posted net income of $46.0 million or $0.58 per share, including a one-time tax benefit of $7.5 million, or $0.09 per share.

Commenting on the results, Michael J. Ahearn, CEO of First Solar said, "During the fourth quarter of 2007 we benefited from the full capacity and economies of scale of our Frankfurt/Oder plant. This combined with continued throughput and conversion efficiency gains afforded us strong operating leverage and decreased our manufacturing cost per watt by 12% year over year to $1.12 per watt in the fourth quarter of 2007, further solidifying our cost leadership position in the industry."

Quarterly revenues increased nearly three fold to $200.8 million from $52.7 million recorded in the same quarter last year. Nineteen analysts estimated revenues of $179.56 million for the quarter.

Net income for fiscal 2007 soared to $158.35 million or $2.03 per share from $3.97 million or $0.07 per share posted last year. Analysts estimated earnings of $1.19 per share for the year.

Revenues for the full year surged to $504.0 million from $135.0 million in the previous year. The consensus revenue estimate for the year was $483.35 million.

First Solar expects for fiscal 2008 revenues in the range of $900 to $950 million, while analysts have forecasted revenues of $820.45 million.

FSLR gained $37.30 or 21.38% at $213.00 on a volume of 1.54 million shares.

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Cheers

H