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First Solar (FSLR) Stock Spikes, Raises Guidance as Earnings Top Forecasts

NEW YORK (TheStreet) -- First Solar (FSLR - Get Report) stock is spiking by 12.04% to $57.13 in midday trading on Friday, following the release of its 2015 third quarter earnings results on Thursday evening.

The global provider of solar energy solutions posted earnings of $3.38 per share for the most recent quarter, up from 87 cents per share in the year ago period.

Revenue increased year over year, to $1.27 billion from $889.3 million in the 2014 third quarter.

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