Canadian Solar Reports First Quarter 2016 Results and Raises Annual Revenue Guidance
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Canadian Solar (CSIQ) Appoints New CFO
May 11, 2016 6:23 AM EDTCanadian Solar Inc. (Nasdaq: CSIQ) announced the appointment of Dr. Huifeng Chang, as Senior Vice President and Chief Financial Officer, effective May 22, 2016. Michael G. Potter, currently Senior Vice President and Chief Financial Officer, has decided to leave the Company to pursue other interests but has agreed to serve in an advisory role to support the seamless transition of the senior finance function in the Company.
Dr. Chang, who joined Canadian Solar in early 2016 as Senior Vice President of Corporate Strategy, Business Development and Finance, brings 17 years of capital markets, corporate finance, investment and... More
Canadian Solar (CSIQ) Tops Q1 EPS Views; Boosts FY16 Outlook
May 11, 2016 6:07 AM EDTCanadian Solar (NASDAQ: CSIQ) reported Q1 EPS of $0.39, $0.25 better than the analyst estimate of $0.14. Revenue for the quarter came in at $721.4 million versus the consensus estimate of $663.74 million.
Total solar module shipments were 1,198 MW, of which 1,172 MW were recognized in revenue, compared to 1,398 MW recognized in revenue in the fourth quarter of 2015, and first quarter shipment guidance in the range of 1,085 MW to 1,135... More
