Canadian Solar Reports First Quarter 2024 Results and Announces Appointment of Chief Financial Officer
Solar(CSIQ) Prnewswire·2024-05-09 18:00
GUELPH, ON, May 9, 2024 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced financial results for the first quarter ended March 31, 2024. Highlights Solar module shipments of 6.3 GW, in line with guidance of 6.1 GW to 6.4 GW. Net revenues of $1.3 billion, in line with guidance of $1.2 billion to $1.4 billion. 19.0% gross margin, at the high end of 17% to 19% guidance range. Net income attributable to Canadian Solar of $12 million or $0.19 per diluted share ...