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

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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