Categories Earnings, Energy

Canadian Solar (CSIQ): Q3 2019 Earnings Snapshot

— Canadian Solar Inc. (NASDAQ: CSIQ) reported Q3 2019 earnings of $0.66 per share, vs. $0.80 expected.

— Revenues dipped 1% to $760 million, vs. $780 million expected.

Canadian Solar reports Q3 2019 earnings results

— Total solar module shipments were 2,387 MW.

— Q4 2019 revenue is expected to be $850¬†million to $880¬†million.

— FY19 revenue is expected to be $3.13 billion to $3.16 billion.

— CSIQ shares fell 17% immediately following the announcement.

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