Canadian Solar Reports Fourth Quarter and Full Year 2014 Results

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Canadian Solar (CSIQ) Sees FY15 adj.-Revenue at ~$3.8B - $4.1B; Est. at $3.5B - Conf. Call

March 5, 2015 9:54 AM EST

Canadian Solar (NASDAQ: CSIQ) sees FY15 revenue, excluding YieldCo, at about $3.8 - $4.1 billion, with the consensus at $3.5 billion.

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Canadian Solar (CSIQ) Misses Q4 EPS by 6c; Issues Light FY15 Revs Outlook

March 5, 2015 6:10 AM EST

Canadian Solar (NASDAQ: CSIQ) reported Q4 EPS of $1.28, $0.06 worse than the analyst estimate of $1.34. Revenue for the quarter came in at $956.2 million versus the consensus estimate of $953.94 million.

Total solar module shipments were 1,125 MW, with 897 MW recognized in revenue, compared to 770 MW recognized in revenue in the third quarter of 2014, and fourth quarter guidance in the range of 810 MW to 860 MW.

Canadian Solar sees Q1 2015 revenue of $725-775 million, versus the consensus of $733.9 million. For the first quarter of 2015, the Company expects total module shipments to be in the range of approximately 1,000 MW... More