Canadian Solar (CSIQ) Tops Q3 EPS by 63c; Offers Q4 Revenue Guidance
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Canadian Solar Reports Third Quarter 2022 Results
November 22, 2022 5:44 AM ESTGUELPH, ON, Nov. 22, 2022 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced financial results for the third quarter ended September 30, 2022, with 57% year-over-year ("yoy") revenue growth and net income of $1.12 per diluted share as the Company continues to prioritize profitable growth.
Highlights
18.8% gross margin exceeds the guidance range of 15.0% to 16.5%.57% increase in revenue to $1.93 billion, compared to... More