Canadian Solar (CSIQ) Tops Q2 EPS by 18c; Issues Light Q3 Revenue Outlook

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Canadian Solar Reports Second Quarter 2015 Results

August 18, 2015 4:01 PM EDT

GUELPH, Ontario, Aug. 18, 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 second quarter ended June 30, 2015. 

Second Quarter 2015 Highlights

Total solar module shipments were 850 MW, of which 809 MW were recognized in revenue, compared to 1.03 GW recognized in revenue in the first quarter of 2015, and second quarter shipment guidance in the range of 950 GW to 1,000 GW. Net revenue was $636.7 million, compared to $860.9 million in the first... More