Canadian Solar (CSIQ) Tops Q3 EPS by 24c
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Canadian Solar Reports Third Quarter 2021 Results
November 18, 2021 5:44 AM ESTGUELPH, ON, Nov. 18, 2021 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced financial results for the quarter ended September 30, 2021.
Highlights
Solar module shipments of 3.9 GW in the third quarter of 2021, in line with guidance of 3.8 GW to 4.0 GW. Revenue increased 34% year-over-year ("yoy") to $1.23 billion, in line with guidance of $1.2 billion to $1.4 billion. Gross margin of 18.6%, above guidance range of 14% to 16%. Net income attributable... More