First Solar Inc. (FSLR). The Phoenix-based solar electric power module maker said fourth-quarter net income rose to $62.9 million, or $0.77 a share, beating the mean estimate of analysts polled by Thomson Financial of $0.53 a share. A year ago, the company posted net income of $8 million, or $0.11 a share, in the quarter. Revenue rose to $200.8 million from $52.7 million.
FSLR is up 25 points to $200 in premarket trading. This is a hot, but dangerous group. Long term, probably a good place to put money.
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