First Solar Stock Sinks 8.75% Premarket As Quarterly Revenue Nearly Halved

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First Solar Stock Sinks 8.75% Premarket As Quarterly Revenue Nearly Halved

Tiger Newspress2023-04-28

Shares of First Solar Inc. $(FSLR)$ dropped as much as 8.75% in premarket trading after the solar company reported first-quarter earnings that missed expectations and sales that also missed and were nearly halved.

First Solar earned $45.6 million, or 40 cents a share, in the quarter, contrasting with a loss of $43.3 million, or 41 cents a share, in the year-ago period.

Sales fell to $548 million, from $1 billion, mostly driven by a drop in the volume of solar modules sold to third parties, the company said. Analysts polled by FactSet expected EPS of 99 cents on sales of $714 million in the quarter.

The company kept its 2023 guidance intact at revenue between $3.4 billion and $3.6 billion, and EPS between $7 and $8. The stock ended the regular trading day up 0.7%.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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runningjames
·2023-04-28
It never dip like Enphase over 25% cuz keep guidance revenue unchange for next Q... do you have confidence on that or wait till next Q miss again then dip. I would recommend sell as it went up from 147 to 220.
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fishfire
·2023-04-28
The real fact is, during economy downturn, nobody cares about go green. It relies on government policies.
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Analysts polled by FactSet expected EPS of 99 cents on sales of $714 million in the quarter. </p><p>The company kept its 2023 guidance intact at revenue between $3.4 billion and $3.6 billion, and EPS between $7 and $8. The stock ended the regular trading day up 0.7%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4f565499cad1d9be229f5a3ffd96c7d7\" tg-width=\"799\" tg-height=\"631\"/></p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>First Solar Stock Sinks 8.75% Premarket As Quarterly Revenue Nearly Halved</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFirst Solar Stock Sinks 8.75% Premarket As Quarterly Revenue Nearly Halved\n</h2>\n\n<h4 class=\"meta\">\n\n2023-04-28 16:28 北京时间&nbsp;&nbsp;&nbsp;<strong>Tiger Newspress</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of First Solar Inc. $(FSLR)$ dropped as much as 8.75% in premarket trading after the solar company reported first-quarter earnings that missed expectations and sales that also missed and were ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FSLR","symbol_name":"第一太阳能","start_time":0,"source_url":"","article_id":"1145689516","we_media_id":"1079075236","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1145689516","pubTimestamp":1682670522,"sourceInfo":null,"weMediaInfo":{"media_name":"Tiger Newspress","introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"summary":"Shares of First Solar Inc. $(FSLR)$ dropped as much as 8.75% in premarket trading after the solar co","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"FSLR":"第一太阳能"},"translate_title":"First Solar股价盘前下跌8.75%，季度收入几乎减半","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FSLR":0.9},"content_text":"Shares of First Solar Inc. $(FSLR)$ dropped as much as 8.75% in premarket trading after the solar company reported first-quarter earnings that missed expectations and sales that also missed and were nearly halved. 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Analysts polled by FactSet expected EPS of 99 cents on sales of $714 million in the quarter. </p><p>The company kept its 2023 guidance intact at revenue between $3.4 billion and $3.6 billion, and EPS between $7 and $8. The stock ended the regular trading day up 0.7%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4f565499cad1d9be229f5a3ffd96c7d7\" tg-width=\"799\" tg-height=\"631\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>First Solar Stock Sinks 8.75% Premarket As Quarterly Revenue Nearly Halved</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFirst Solar Stock Sinks 8.75% Premarket As Quarterly Revenue Nearly Halved\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-04-28 16:28</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Shares of First Solar Inc. <a href=\"https://laohu8.com/S/FSLR\">$(FSLR)$</a> dropped as much as 8.75% in premarket trading after the solar company reported first-quarter earnings that missed expectations and sales that also missed and were nearly halved. </p><p>First Solar earned $45.6 million, or 40 cents a share, in the quarter, contrasting with a loss of $43.3 million, or 41 cents a share, in the year-ago period. </p><p>Sales fell to $548 million, from $1 billion, mostly driven by a drop in the volume of solar modules sold to third parties, the company said. Analysts polled by FactSet expected EPS of 99 cents on sales of $714 million in the quarter. </p><p>The company kept its 2023 guidance intact at revenue between $3.4 billion and $3.6 billion, and EPS between $7 and $8. The stock ended the regular trading day up 0.7%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4f565499cad1d9be229f5a3ffd96c7d7\" tg-width=\"799\" tg-height=\"631\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FSLR":"第一太阳能"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145689516","content_text":"Shares of First Solar Inc. $(FSLR)$ dropped as much as 8.75% in premarket trading after the solar company reported first-quarter earnings that missed expectations and sales that also missed and were nearly halved. First Solar earned $45.6 million, or 40 cents a share, in the quarter, contrasting with a loss of $43.3 million, or 41 cents a share, in the year-ago period. Sales fell to $548 million, from $1 billion, mostly driven by a drop in the volume of solar modules sold to third parties, the company said. Analysts polled by FactSet expected EPS of 99 cents on sales of $714 million in the quarter. The company kept its 2023 guidance intact at revenue between $3.4 billion and $3.6 billion, and EPS between $7 and $8. The stock ended the regular trading day up 0.7%.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9947183235,"gmtCreate":1682671406627,"gmtModify":1682671634951,"author":{"id":"3572518581615323","authorId":"3572518581615323","name":"fishfire","avatar":"https://community-static.tradeup.com/news/9ef605d057db6c8a0288538c085d4a77","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":2,"crmLevelSwitch":0,"idStr":"3572518581615323","authorIdStr":"3572518581615323"},"htmlText":"The real fact is, during&nbsp;economy downturn, nobody cares about go green.&nbsp; It relies&nbsp;on government policies.&nbsp;","listText":"The real fact is, during&nbsp;economy downturn, nobody cares about go green.&nbsp; It relies&nbsp;on government policies.&nbsp;","text":"The real fact is, during economy downturn, nobody cares about go green. It relies on government policies.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947183235","repostId":1145689516,"repostType":2,"repost":{"id":"1145689516","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1682670522,"share":"https://ttm.financial/m/news/1145689516?lang=&edition=fundamental","pubTime":"2023-04-28 16:28","market":"us","language":"en","title":"First Solar Stock Sinks 8.75% Premarket As Quarterly Revenue Nearly Halved","url":"https://stock-news.laohu8.com/highlight/detail?id=1145689516","media":"Tiger Newspress","summary":"Shares of First Solar Inc. $(FSLR)$ dropped as much as 8.75% in premarket trading after the solar co","content":"<html><head></head><body><p>Shares of First Solar Inc. <a href=\"https://laohu8.com/S/FSLR\">$(FSLR)$</a> dropped as much as 8.75% in premarket trading after the solar company reported first-quarter earnings that missed expectations and sales that also missed and were nearly halved. </p><p>First Solar earned $45.6 million, or 40 cents a share, in the quarter, contrasting with a loss of $43.3 million, or 41 cents a share, in the year-ago period. </p><p>Sales fell to $548 million, from $1 billion, mostly driven by a drop in the volume of solar modules sold to third parties, the company said. Analysts polled by FactSet expected EPS of 99 cents on sales of $714 million in the quarter. </p><p>The company kept its 2023 guidance intact at revenue between $3.4 billion and $3.6 billion, and EPS between $7 and $8. The stock ended the regular trading day up 0.7%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4f565499cad1d9be229f5a3ffd96c7d7\" tg-width=\"799\" tg-height=\"631\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>First Solar Stock Sinks 8.75% Premarket As Quarterly Revenue Nearly Halved</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFirst Solar Stock Sinks 8.75% Premarket As Quarterly Revenue Nearly Halved\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-04-28 16:28</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Shares of First Solar Inc. <a href=\"https://laohu8.com/S/FSLR\">$(FSLR)$</a> dropped as much as 8.75% in premarket trading after the solar company reported first-quarter earnings that missed expectations and sales that also missed and were nearly halved. </p><p>First Solar earned $45.6 million, or 40 cents a share, in the quarter, contrasting with a loss of $43.3 million, or 41 cents a share, in the year-ago period. </p><p>Sales fell to $548 million, from $1 billion, mostly driven by a drop in the volume of solar modules sold to third parties, the company said. Analysts polled by FactSet expected EPS of 99 cents on sales of $714 million in the quarter. </p><p>The company kept its 2023 guidance intact at revenue between $3.4 billion and $3.6 billion, and EPS between $7 and $8. The stock ended the regular trading day up 0.7%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4f565499cad1d9be229f5a3ffd96c7d7\" tg-width=\"799\" tg-height=\"631\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FSLR":"第一太阳能"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145689516","content_text":"Shares of First Solar Inc. $(FSLR)$ dropped as much as 8.75% in premarket trading after the solar company reported first-quarter earnings that missed expectations and sales that also missed and were nearly halved. First Solar earned $45.6 million, or 40 cents a share, in the quarter, contrasting with a loss of $43.3 million, or 41 cents a share, in the year-ago period. Sales fell to $548 million, from $1 billion, mostly driven by a drop in the volume of solar modules sold to third parties, the company said. Analysts polled by FactSet expected EPS of 99 cents on sales of $714 million in the quarter. The company kept its 2023 guidance intact at revenue between $3.4 billion and $3.6 billion, and EPS between $7 and $8. The stock ended the regular trading day up 0.7%.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":5,"commentSize":2,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}