Canadian Solar Reports First Quarter 2017 Results

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UPDATE: Canadian Solar (CSIQ) Misses Q1 EPS by 14c, Revenue Beats; Offers Outlook

June 6, 2017 6:54 AM EDT

(Updated - June 6, 2017 6:56 AM EDT)

Canadian Solar (NASDAQ: CSIQ) reported Q1 EPS of ($0.10), $0.14 worse than the analyst estimate of $0.04. Revenue for the quarter came in at $677 million versus the consensus estimate of $609.92 million.

Business Outlook

The Company's business outlook is based on management's current views and estimates with respect to operating and market conditions, its current order book and the global financing environment. It is also subject to uncertainties relating to customer final demand and solar project construction schedules. Management's views and estimates are subject to change without notice.

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