Canadian Solar (CSIQ) Tops Q1 EPS by 44c

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Canadian Solar Reports First Quarter 2015 Results

May 7, 2015 6:39 AM EDT

GUELPH, Ontario, May 7, 2015 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ), one of the world's largest solar power companies, today announced its financial results for the first quarter ended March 31, 2015. 

First Quarter 2015 Highlights

Total solar module shipments were 1.23 GW, of which 1.03 GW was recognized in revenue, compared to 897 MW recognized in revenue in the fourth quarter of 2014, and first quarter guidance in the range of 1.0 GW to 1.03 GW. Net revenue was $860.9... More