Canadian Solar (CSIQ) Tops Q2 Views; Canadian Solar Also Guides Higher

August 13, 2008 7:13 AM EDT

Canadian Solar (Nasdaq: CSIQ) reports Q2 earnings of $0.36 per share, or $0.78 ex-items, versus the consensus of $0.47. Revenues came in at $212.6 million, versus the consensus of $206.8 million.

Canadian Solar sees Q3 revenues of $245-$255 million, versus the consensus of $247.63 million.

Canadian Solar sees FY08 revenues of $850-$970 million, versus the prior gudiance of $750-$870 million and consensus of $908.93 million.

Canadian Solar, Inc., together with its subsidiaries, engages in the design, development, manufacture, and marketing of solar module products that convert sunlight into electricity for various uses.


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