UPDATE: Canadian Solar (CSIQ) Misses Q1 EPS by 14c, Revenue Beats; Offers Outlook
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Canadian Solar Reports First Quarter 2017 Results
June 6, 2017 6:53 AM EDTGUELPH, Ontario, June 6, 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 first quarter of 2017 ended March 31, 2017.
First Quarter 2017 Highlights
Total solar module shipments were 1,480 MW, compared to 1,612 MW in the fourth quarter of 2016, and first quarter 2017 guidance was in the range of 1,150 MW to 1,200 MW. Net revenue was $677.0 million, compared to $668.4 million in the fourth quarter of 2016, and first quarter 2017 guidance... More