Canadian Solar Inc. Q4 Income Rises

Canadian Solar Inc. (CSIQ) reported earnings for its fourth quarter that increased from the same period last year

The company's earnings came in at $77.83 million, or $1.11 per share. This compares with $25.96 million, or $0.39 per share, in last year's fourth quarter.

The company's revenue for the quarter rose 28.8% to $1.97 billion from $1.53 billion last year.

Canadian Solar Inc. earnings at a glance (GAAP) :

-Earnings (Q4): $77.83 Mln. vs. $25.96 Mln. last year.
-EPS (Q4): $1.11 vs. $0.39 last year.
-Revenue (Q4): $1.97 Bln vs. $1.53 Bln last year.

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