UPDATE: Canadian Solar (CSIQ) Misses Q4 EPS by 8c, Offers Q1 Guidance
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Canadian Solar Reports Fourth Quarter and Full Year 2016 Results
March 21, 2017 7:15 AM EDTGUELPH, Ontario, March 21, 2017 /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 fourth quarter and full year ended December 31, 2016.Â
Fourth Quarter 2016 Highlights
Total solar module shipments set a record high at 1,612 MW, of which 1,581 MW were recognized in revenue, compared to 1,161 MW recognized in revenue in the third quarter of 2016, and fourth quarter 2016 guidance in the range of 1,400 MW to 1,500 MW. Net revenue was $668.4 million,... More