First Solar's Earnings Indicate That It's Well Poised To Cope In The Post-ITC Era

First Solar, the largest U.S. solar manufacturer, published a stronger than expected set of preliminary financial results for Q3 2015, driven by the sale of a majority interest in one of its partially completed utility solar projects. However, the most notable takeaway from the earnings release was the company's progress in building its U.S. utility project pipeline beyond 2016 - a period when the crucial Solar Investment Tax Credit is slated to decline. Separately, the company also continues to...