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Stock impact report

Canadian Solar's Second Quarter Disappointed on Every Level [The Motley Fool]

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: The Motley Fool
In a period that should have seen a surge in demand and profits, the solar module and power system manufacturer lost money, and it may have more losses ahead. The second quarter of 2017 will likely prove to have been a high point for Chinese solar manufacturers, which made it a key for Canadian Solar ( NASDAQ:CSIQ ) . In results released Monday before the market opened, the Chinese-Canadian company reported an increase in shipments and revenue, but also reported a non-GAAP loss that was a little surprising given strong industry trends.  If Canadian Solar can't make money when solar module prices are rising and project values are high, when will it be able to make money? That is ultimately the question investors are faced with when they consider this solar giant.  Image source: Getty Images. Growth at all costs Canadian Solar shipped 1,745 MW of solar modules in the quarter and recorded $692.4 million in revenue. Gross margin was 24.2% but included two anti-d Show less Read more
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