Canadian Solar (CSIQ) PT Raised to $17 at Cowen Following 2Q

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Go back to Canadian Solar (CSIQ) PT Raised to $17 at Cowen Following 2Q

Canadian Solar Reports Second Quarter 2017 Results

August 14, 2017 6:23 AM EDT

GUELPH, Ontario, Aug. 14, 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 quarter ended June 30, 2017.

Second Quarter 2017 Highlights

Total solar module shipments were 1,745 MW, compared to 1,480 MW in the first quarter of 2017, and second quarter guidance in the range of 1,530 MW to 1,580 MW. Net revenue was $692.4 million, compared to $677.0 million in the first quarter of 2017, and second quarter guidance in the range of $615.0 million to... More