First Solar Lowers 2012 Sales Guidance to $3.5-$3.8 vs $3.7-$4.0B Prior

First Solar

is updating 2012 guidance as follows: reducing net sales from $3.7-$4.0 billion to $3.5-$3.8 billion; reiterating earnings per fully diluted share of $3.75 to $4.25, excluding any impairment and restructuring charges that we may be taking in 2012; and reducing operating cash flow from $0.9-$1.1 billion to $0.8-$0.9 billion.