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Home » Finance » Canadian Solar Reports Q1 Results, Lowers Full-Year Guidance Amid Market Challenges
Finance

Canadian Solar Reports Q1 Results, Lowers Full-Year Guidance Amid Market Challenges

By Matthew WrightMay 13, 20242 Mins Read
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Credit: Canadian Solar
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Canadian Solar Inc announced its first-quarter results on Thursday, with shipments, revenue, and gross margin meeting expectations. However, the company revised its full-year guidance downwards, reflecting market challenges. The net income attributable to Canadian Solar stood at USD 12 million (EUR 11.2 million), a decline from USD 84 million recorded a year ago but an

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