The company said full-year 2024 net sales were $4.2 billion and Q4 net sales were $1.5 billion, and that diluted earnings per share were $12.02 for the year and $3.65 for Q4.

1. 01

   The company said full-year 2024 net sales were $4.2 billion and Q4 net sales were $1.5 billion, and that diluted earnings per share were $12.02 for the year and $3.65 for Q4.

2. 02

   The company said its net cash balance, defined as cash, cash equivalents, restricted cash, restricted cash equivalents and marketable securities, less debt, at year-end 2024 rose to $1.2 billion from $0.7 billion at the end of the prior quarter. It cited the initial proceeds from the sale of 2024 Section 45X tax credits and module segment operating cash flows as the drivers of the increase.

3. 03

   For 2025, the company provided guidance for net sales of $5.3B to $5.8B, diluted earnings per share of $17.00 to $20.00, capital expenditures of $1.3B to $1.5B, and volume sold of 18GW to 20GW.

4. 04

   The company said net cash provided by operating activities was $1,217,999 thousand in 2024, it used $1,526,076 thousand for purchases of property, plant and equipment, and the net decrease in cash, cash equivalents, restricted cash and restricted cash equivalents for the year was $326,846 thousand.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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