First Solar Pops After Q2 Results; Margins Reach Multi-Year Highs
First Solar's shares climbed in after-hours trading after the company reported a major second-quarter earnings beat, with adjusted EPS of $3.92 versus a $3.01 consensus. Revenue matched estimates at $1.06 billion, while gross margin expanded to about 57%, aided by tariff-related provisions, advanced manufacturing tax credits and lower logistics cos…