Canadian Solar (CSIQ) Reiterates Q3, Full Year Guidance

Not only did Canadian Solar (CSIQ) announce a new CFO in Andrew Chen, but the company has reiterated its Q3 and full year shipments guidance this morning.

==> Click Here For Your FREE Daily Canadian Solar Technical Analysis

For Q3 the company expects shipments between 190 – 200MW and gross margins of 14.5 – 15.5% and full year shipments at the mid to high range of the previous guidance of 700 – 800MW.

Shares are trading up about 5% today and closing in on resistance of the 200 day moving average.

Leave a Reply

Your email address will not be published. Required fields are marked *


*