- First Solar lowered revenue and cash flow guidance for 2012;
- Underutilization charges are mounting;
- Third-party module sale expectations have been cut nearly by half from two months ago, implying challenged margins;
- Its project pipeline looks stagnant with growth prospects increasingly reliant on markets with unclear ramp;
- Finally, First Solar was light on details about the future.
Eric Rosenbaum. >To follow the writer on Twitter, go to Eric Rosenbaum.