Canadian Solar (CSIQ) Tops Q2 EPS by 48c
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Canadian Solar Reports Second Quarter 2021 Results
August 12, 2021 6:02 AM EDTGUELPH, 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