Canadian Solar Reports Third Quarter 2017 Results

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Go back to Canadian Solar Reports Third Quarter 2017 Results

Canadian Solar (CSIQ) Misses Q3 EPS by 4c, Revenues Beat

November 9, 2017 6:02 AM EST

Canadian Solar (NASDAQ: CSIQ) reported Q3 EPS of $0.22, $0.04 worse than the analyst estimate of $0.26. Revenue for the quarter came in at $912.2 million versus the consensus estimate of $813.36 million.

Total solar module shipments were 1,870 MW, compared to 1,745 MW in the second quarter of 2017, and the third quarter guidance in the range of 1,650 MW to 1,700 MW.Net revenue was $912.2 million, compared to $692.4 million in... More