Canadian Solar: Q1 Earnings Snapshot

Canadian Solar: Q1 Earnings Snapshot

KITCHENER, Ontario (AP) — KITCHENER, Ontario (AP) — Canadian Solar Inc. (CSIQ) on Thursday reported a loss of $34 million in its first quarter. On a per-share basis, the Kitchener, Ontario-based company said it had a loss of 69 cents. Losses, adjusted for non-recurring gains, were $1.07 per share. The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of $1.50 per…

Canadian Solar secures $1.2 billion in revenues in Q1, 2025

The company shipped 6.9 GW of solar modules, coming in ahead of expectations for the quarter.Canadian Solar (Nasdaq:CSIQ) announced its financial results for Q1 2025, posting net revenues of $1.2 billion in-quarter, about a 10% decline year-over-year for the quarter. Revenue came in at the higher end of the company’s expected range of $1 billion to $1.2 billion. The solar module manufacturer, energy storage provider and project developer had a 9…

Canadian Solar financial strife persists despite steady shipments

Solar manufacturer Canadian Solar recorded a slight increase in module shipments and endured losses in Q1 amid 'geopolitical complexities.'