Canadian Solar (CSIQ) Tops Q2 EPS by 48c

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Go back to Canadian Solar (CSIQ) Tops Q2 EPS by 48c

Canadian Solar Reports Second Quarter 2021 Results

August 12, 2021 6:02 AM EDT

GUELPH, ON, Aug. 12, 2021 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced financial results for the quarter ended June 30, 2021.

Highlights

Solar module shipments of 3.7 GW in the second quarter of 2021, top end of 3.5 GW to 3.7 GW guidance. Revenue increased 105% year-over-year ("yoy") to a record $1.43 billion, in line with guidance of $1.4 billion to $1.5 billion. Gross margin of 12.9%, ahead of guidance range of 9.5% to 10.5%. Net income attributable... More