— Canadian Solar (NASDAQ: CSIQ) reported Q4 2019 earnings of $1.04 per share vs. $0.45 expected.
— Revenue rose 2% to $920 million vs. $865.46 million expected.
— GAAP net income attributable to Canadian Solar was $67.7 million, or $1.12 per share, compared to net income of $111.6 million, or $1.81 per share, in the fourth quarter of 2018.
— Total solar module shipments were 2,474 MW.
— Canadian Solar expects 1Q20 revenue to be $780 million to $810 million. Total module shipments pegged to be in the range of 2.15 GW to 2.25 GW.
— FY20 revenue is estimated to be $3.4 billion to $3.9 billion. Total module shipments are targeted to be in the range of 10 GW to 12 GW.
— The company plans to continue with its stock repurchase program as recent COVID-19-related panic-selling brought its equity valuation below book value.
— CSIQ stock, which hit a 52-week high ($25.35) on February 19, 2020, more than halved and plunged to a new yearly low ($12.00) last week.
Most Popular
Infographic: How Starbucks (SBUX) performed in Q1 2023
Starbucks Corporation (NASDAQ: SBUX) reported first quarter 2023 earnings results today. Consolidated net revenues increased 8% year-over-year to $8.7 billion, in line with projections. Global comparable store sales increased
Earnings: Google parent Alphabet (GOOG, GOOGL) reports lower Q4 profit
Alphabet Inc. (NASDAQ: GOOGL, GOOG) on Thursday reported a 1% increase in fourth-quarter 2022 revenues, with strong contributions from the cloud business. The company, which owns the largest internet search
HOG Earnings: Key quarterly highlights from Harley-Davidson’s Q4 2022 financial results
Harley-Davidson, Inc. (NYSE: HOG) reported fourth quarter 2022 earnings results today. Revenue increased 12% year-over-year to $1.14 billion. Net income attributable to Harley-Davidson, Inc. rose 94% YoY to $42 million,
