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CSIQ / Canadian Solar sees record 2Q earnings as CSI Solar IPO boosts results

Canadian Solar sees record 2Q earnings as CSI Solar IPO boosts results
Canadian Solar Inc on Tuesday reported record second quarter 2023 net income of $170 million, or $2.39 per share, up from $1.07 per share a year ago and better than the analyst consensus estimate of $1.52.  The solar technology and renewable energy company said its results were boosted by about $975 million in gross proceeds from the initial public offering (IPO) of its majority-owned subsidiary CSI Solar Co, Ltd (CSI Solar) on the Shanghai Stock Exchange's Sci-Tech Innovation Board. Read More
Posted: Aug 22 2023, 10:21
Author Name: Proactive Investors
Views: 111075

CSIQ News  

Canadian Solar to invest $800 mln to build cell manufacturing plant

By Reuters
October 30, 2023

Canadian Solar to invest $800 mln to build cell manufacturing plant

Canadian Solar said on Monday it would invest $800 million to build a solar photovoltaic (PV) cell production facility at the River Ridge Commerce Cen more_horizontal

Canadian Solar: Growth Company With Underappreciated Assets

By Seeking Alpha
October 14, 2023

Canadian Solar: Growth Company With Underappreciated Assets

Canadian Solar's Q2 results fell slightly below our internal estimates, with lower revenue and gross margin due to an inventory write-off. The company more_horizontal

Why Solar Names SunPower, Sunrun, and Canadian Solar Sank This Week

By The Motley Fool
October 6, 2023

Why Solar Names SunPower, Sunrun, and Canadian Solar Sank This Week

Wall Street analysts downgraded both Sunrun and SunPower this week. The entire sector has been hammered by higher interest rates. more_horizontal

3 Value Stocks Analysts Predict Will Double This Year

By InvestorPlace
October 4, 2023

3 Value Stocks Analysts Predict Will Double This Year

In times of economic uncertainty, it can be wise for investors to search for undervalued stocks. While the broader market wallows in pessimism, these more_horizontal

Canadian Solar: Panel Manufacturers Not Likely To Be Good Long-Term Compounders

By Seeking Alpha
September 25, 2023

Canadian Solar: Panel Manufacturers Not Likely To Be Good Long-Term Compounders

Canadian Solar is an international producer of solar ingots, wafers, cells, modules, and other solar power. A recent decline in the price of polysilic more_horizontal

Why Is Canadian Solar (CSIQ) Down 1.4% Since Last Earnings Report?

By Zacks Investment Research
September 21, 2023

Why Is Canadian Solar (CSIQ) Down 1.4% Since Last Earnings Report?

Canadian Solar (CSIQ) reported earnings 30 days ago. What's next for the stock? more_horizontal

Canadian Solar (CSIQ) Arm Secures $112M Fund for 160MW Project

By Zacks Investment Research
September 1, 2023

Canadian Solar (CSIQ) Arm Secures $112M Fund for 160MW Project

Canadian Solar's (CSIQ) project financing for North Fork solar plant and Oklahoma Municipal Power Authority???s power purchase agreement will aid Okla more_horizontal

Harnessing the Sun: Why JinkoSolar and Canadian Solar Are Shining

By GuruFocus
August 31, 2023

Harnessing the Sun: Why JinkoSolar and Canadian Solar Are Shining

If you are an investor looking for a sector that promises to shine brighter than most, it is time to cast your eyes on the solar energy industry. And more_horizontal


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