Yahoo Finance

First Solar the country’s largest solar manufacturer, said that tariffs will significantly reduce revenue and earnings this year, sending the stock down 10% in after-hours trading. First Solar missed Wall Street’s consensus expectation for the first quarter, reporting earnings of $1.95 a share versus the projection of $2.49 a share. It said that tariffs could reduce its 2025 revenue from a range of $5.3 billion to $5.8 billion to a range of $4.5 billion to $5.5 billion.