Market Overview

UPDATE: Canadian Solar Posts Q4 Net Profit

Related CSIQ
Watch Solar Stocks Following Back-To-Back Industry Earnings Misses
Markets Higher In Another Quiet Session Ahead Of Expiration Of Ceasefire Between Israel And Hamas
One of the Most Oversold Stocks in the Market (Fox Business)

Canadian Solar (NASDAQ: CSIQ) reported a profit in the fourth-quarter net profit.

Canadian Solar posted a quarterly net income of $20.9 million, or $0.39 per share, versus a year-ago net loss of $105 million, or $2.43 per share.

Its revenue climbed 76% to $519.5 million.

Canadian Solar expects first-quarter revenue of $415 million to $430 million.

Canadian Solar shares fell 6.53% to $40.82 in pre-market trading.

Posted-In: profitEarnings News Guidance


Related Articles (CSIQ)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters

Benzinga Professional