Tag Archives: paul clegg

Jefferies Analyst Defends First Solar (FSLR) Following Negative Barrons Article

Over the weekend, Barron’s wrote up a piece on First Solar (FSLR) highlighting the company’s negative free cash flow and goes so far as to say the revenue beat was a figment of bookkeeping for a project in Berlin in which the company recognized $84 in revenue.  The author also questions the OptiSolar transaction and the way the company booked the value of a PG&E contract.  All in all, it didn’t help the stock much … Read the rest