First Solar, Inc. (FSLR) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

earnings call. This call is being webcast live on the investor section of First Solar's website at investor.firstsolar.com. All participants are in a listen-only mode, and please note that today's call is being recorded. I would now like to turn the conference over to your host, Byron Jeffers, Head of Investor Relations. Please go ahead, sir. Good afternoon, and thank you for joining us on today's earnings call. Joining me are our Chief Executive Officer, Mark Whitmar, and and our Chief Financial Officer, Alex Bradley. During this call, we will review our quarterly results and share our outlook for the remainder of the year. After our prepared remarks, we'll open the line for questions. Before we begin, please note that some statements made today are forward-looking and involve risks and uncertainties that could cause actual results to differ materially from management's current expectations. We undertake no obligation to update these statements due to new information or future events. For discussion of factors that could cause these results to differ materially, please refer to today's earnings press release in our most recent annual report on Form 10-K, as supplemented by our other filings with the SEC, including our most recent quarterly report on Form 10-Q. You can find these documents on our website at investa.firstsolar.com. With that, I'll turn it over to Mark. All right, good afternoon. Thank you for joining us today. Beginning on slide three, I will share some key highlights from Q3 2025. Since our last earnings call, we secured gross bookings of approximately 2.7 gigawatts at a base ASP of 30.9 cents per watt, including 0.4 gigawatts of series seven modules impacted by previously disclosed manufacturing issues booked at an ASP of 29 cents. We terminated 6.6...