Canadian Solar (CSIQ) Tops Q4 EPS by 66c, Guidance Tops Consensus

Go back to Canadian Solar (CSIQ) Tops Q4 EPS by 66c, Guidance Tops Consensus

Canadian Solar Reports Fourth Quarter and Full Year 2020 Results

March 18, 2021 6:18 AM EDT

GUELPH, ON, March 18, 2021 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced financial results for the quarter and full year ended December 31, 2020.

Fourth Quarter 2020 Results

Solar module shipments of 3.0 GW at high-end of 2.9 GW to 3.0 GW guidance range. 14% sequential growth in revenue to $1,041 million exceeds guidance range of $980 million to $1,015 million. Gross margin of 13.6% exceeds guidance of 8% to 10%. Net income attributable to Canadian Solar... More