Canadian Solar Inc. (CSIQ) released earnings for its third quarter that increased from last year
The company's earnings came in at $78.47 million, or $1.12 per share. This compares with $35.24 million, or $0.52 per share, in last year's third quarter.
The company's revenue for the quarter rose 56.9% to $1.93 billion from $1.23 billion last year.
Canadian Solar Inc. earnings at a glance (GAAP) :
-Earnings (Q3): $78.47 Mln. vs. $35.24 Mln. last year.
-EPS (Q3): $1.12 vs. $0.52 last year.
-Revenue (Q3): $1.93 Bln vs. $1.23 Bln last year.
-Guidance:
Next quarter revenue guidance: $1.8 - $1.9 Bln
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