— 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.
PayPal Holdings Inc. (NASDAQ: PYPL) reported stronger-than-expected earnings and revenues for the first quarter of 2021. Shares of the payment service provider gained during Wednesday’s extended trading session soon after
Twilio (NYSE: TWLO) reported first quarter 2021 earnings results today. Revenue increased 62% year-over-year to $590 million. GAAP net loss widened to $206 million, or $1.24 per share, compared to
Uber Technologies (NYSE: UBER) reported first-quarter 2021 financial results after the regular market hours on Wednesday. The ride-hailing company reported Q1 revenue excluding the UK accrual of $3.5 billion, up