** Solar panel maker First Solar's FSLR.O shares down ~12% to $120.83 premarket
** Company lowered its annual sales and profit forecasts on near-term tariff-related challenges and tepid residential solar demand in U.S.
** FSLR expects current-year net sales between $4.5 billion and $5.5 billion vs prior expectation range of $5.3 billion to $5.8 billion
** Forecasts 2025 earnings between $12.50/shr and $17.50/shr vs prior forecast range of $17/shr to $20/shr
** "Despite near-term tariff challenges, we believe the long-term outlook for solar demand, particularly in our core U.S. market, remains strong" - CEO Mark Widmar
** Brokerage Roth sees potential for stock to recover intraday as "the new guide appears to price in worst case scenarios"
** As of last close, company's shares down 26.4% YTD
(Reporting by Sumit Saha in Bengaluru)
((Sumit.Saha@thomsonreuters.com))
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