First Solar, the largest US panel supplier, had $196.5m net income a year earlier on $1bn sales. Restructuring changes in the quarter were $24.2m versus none a year earlier.
Compared with the second quarter, third quarter net income was down 21% and sales off 12%.
"Despite continued uncertainties and over-supply conditions in the market, First Solar delivered another strong quarterly performance," says chief executive Jim Hughes.
"Our
