First Solar, Inc. (NASDAQ:FSLR) Q3 2024 Results Conference Call October 29, 2024 4:30 PM ET
Company Participants
Richard Romero - Investor Relations
Mark Widmar - Chief Executive Officer
Alex Bradley - Chief Financial Officer
Conference Call Participants
Philip Shen - ROTH Capital Partners
Brian Lee - Goldman Sachs
Julien Dumoulin-Smith - Jefferies
Kashy Harrison - Piper Sandler
Andrew Percoco - Morgan Stanley
Operator
Good afternoon, everyone and welcome to First Solar's Third Quarter 2024 Earnings Call. This call is being webcast live on the Investors section of First Solar's website at investor.firstsolar.com. [Operator Instructions] As a reminder, today's call is being recorded.
I would now like to turn the call over to First Solar, Investor Relations. You may begin.
Richard Romero
Good afternoon, and thank you for joining us. Today, the company issued a press release announcing its third quarter 2024 financial results. A copy of the press release and associated presentation are available on First Solar's website at investor.firstsolar.com.
With us today are Mark Widmar, Chief Executive Officer; and Alex Bradley, Chief Financial Officer. Mark will provide business and updates, Alex will discuss our bookings pipeline, quarterly financial results and provide updated guidance. Following their remarks, we will open the call to questions.
Please note, this call will include forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from management's current expectations. We encourage you to review the Safe Harbor statements contained in today's press release and presentation for a more complete description.
It is now my pleasure to introduce Mark Widmar, Chief Executive Officer.
Mark Widmar
Good afternoon. Thank you for joining us today. As we approach the end of 2024. We remain pleased with the progress made across our business navigating against the backdrop of industry volatility and political uncertainty with a continuous focus on balancing growth, profitability, and liquidity.
As noted at our Analyst Day in late 2023 and our previous earnings call, our story is about the value of long-term strategic decision-making. Underpinned by differentiated technology and business model, which endeavors to drive value creation for our shareholders and partners. We expect that this discipline long-term approach will allow us to work through the outcomes of the upcoming U.S. elections as well as continued volatility across the solar manufacturing industry.
Beginning on Slide 3, I will share some key highlights from the third quarter. From a commercial perspective, we continued our highly selected approach to contracting with a net 0.4 gigawatts of new bookings since our last earnings call. This brings our year-to-date net bookings to 4 gigawatts and our total contracted backlog to 73.3 gigawatts with order stretching through 2030.