The bottom line result compares to a profit of USD 89.8 million a year ago. The GAAP earnings per fully diluted share in Q3 2015 grew to USD 3.41 from USD 0.89 a year ago.
Net profit in the first nine months of the year was up by 88.6% in annual terms. The table below contains additional figures.
Results in USD
Earnings per fully diluted share
The solar company announced record 1.7 GW direct current (DC) of new bookings in the third quarter.
In the press release, First Solar also said it had completed its analysis of a discrete income tax matter related to a foreign jurisdiction. It is revising previously issued financial statements to properly record a liability associated with an uncertain tax position related to income of a foreign subsidiary. These revisions have resulted in a USD-36-million decrease to accumulated earnings as of the end of 2014.