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Stock impact report

Canadian Solar Reports Fourth Quarter and Full Year 2023 Results

Canadian Solar Inc. - Common Shares (CSIQ) 
Last canadian solar inc. - common shares earnings: 3/26 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.canadiansolar.com
Company Research Source: PR Newswire
GUELPH, ON, March 14, 2024 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced financial results for the fourth quarter and full year ended December 31, 2023.Fourth Quarter and Full Year 2023 Highlights26% increase in solar module shipments year-over-year ("yoy") to 8.2 GW, above guidance range of 7.6 GW to 8.1 GW.Record full year solar module shipments of 30.7 GW by CSI Solar, a 45% increase yoy.Record full year revenues of $7.6 billion.Record full year net income attributable to Canadian Solar of $274 million, or $3.87 per diluted share.Record 63 GWh of e-STORAGE pipeline, of which $2.6 billion is contracted backlog, as of January 31, 2024.Secured a $500 million investment in Recurrent Energy from BlackRock.Dr. Shawn Qu, Chairman and CEO, commented, "Over the past two decades, Canadian Solar has evolved into a leading 'full stack' solar and storage business, uniquely positioned for global opportunities. Not only are we addressing ma Show less Read more
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