Canadian Solar Reports Second Quarter 2018 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- S&P 500, Nasdaq futures tick up as tech steadies, Micron earnings eyed
- Brent extends losses on expectations of smoother crude flows via Hormuz
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Oil market losses easing as nearly 80% of disrupted supply returns, UBS says
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Canadian Solar (CSIQ) Misses Q2 EPS by 1c, Revenues Miss; Lowers FY18 Revenue Outlook Below Consensus
August 14, 2018 6:04 AM EDTCanadian Solar (NASDAQ: CSIQ) reported Q2 EPS of $0.26, $0.01 worse than the analyst estimate of $0.27. Revenue for the quarter came in at $650.6 million versus the consensus estimate of $684.63 million.
Solar module shipments were 1,700 MW, including 246 MW shipped to the Company's own solar projects not recognized into revenue in the quarter. This compares to the module shipment of 1,374 MW in the first quarter of 2018, and second quarter 2018 module shipment guidance in the range of 1,500 MW to 1,600 MW.Net revenue was $650.6 million, compared to $1.42 billion in the first quarter of 2018, and second quarter 2018... More