February 22, 2018 / 9:10 PM / 8 months ago

First Solar reports smaller quarterly loss

Feb 22 (Reuters) - First Solar Inc reported a smaller quarterly loss on Thursday compared with a year ago when the largest U.S. solar panel maker took a one-time charge of $729 million.

The company's net loss narrowed to $432.45 million, or $4.14 per share, in the fourth quarter ended Dec.31, from $750.79 million, or $7.22 per share, a year earlier.

Net sales rose 2.5 percent to $339.18 million. (Reporting by Taenaz Shakir in Bengaluru; Editing by Arun Koyyur)

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