Freight Charges and Bottlenecks Bring First Solar’s Net Sales Down by 7% in Q3 2021

A rise in module segment revenue partially offset the quarterly sales decline

November 9, 2021

/ Arjun Joshi
/ Finance and M&A, Solar
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First Solar, a U.S.-based manufacturer of solar modules, has released its financial results for the third quarter of 2021 (Q3 2021). The firm’s net sales in Q3 2021 stood at $584 million, 7.3%, down from $629 million in Q2 2021. In a year-over-year (YoY) comparison, net sales were down 37% from $928 million in Q3 2020.

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Arjun Joshi

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EarningsFinancialFirst SolarmanufacturerModulesQ3 2021Results
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