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Canadian Solar: Q2 Earnings Snapshot
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KITCHENER, Ontario (AP) — KITCHENER, Ontario (AP) — Canadian Solar Inc. (CSIQ) on Thursday reported a loss of $76.9 million in its second quarter.

The Kitchener, Ontario-based company said it had a loss of $1.40 per share.

The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of $1.01 per share.

The solar wafers manufacturer posted revenue of $1.21 billion in the period, exceeding Street forecasts. Three analysts surveyed by Zacks expected $1.17 billion.

For the current quarter ending in September, Canadian Solar said it expects revenue in the range of $1.3 billion to $1.5 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CSIQ at https://www.zacks.com/ap/CSIQ

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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