Canadian Solar Inc. (CSIQ) announced a profit for its third quarter that climbed from last year.
The company's bottom line came in at $66.54 million, or $1.09 per share. This compares with $13.29 million, or $0.22 per share, in last year's third quarter.
The company's revenue for the quarter fell 15.8% to $767.97 million from $912.22 million last year.
Canadian Solar Inc. earnings at a glance:
-Earnings (Q3): $66.54 Mln. vs. $13.29 Mln. last year.
-EPS (Q3): $1.09 vs. $0.22 last year.
-Revenue (Q3): $767.97 Mln vs. $912.22 Mln last year.
-Guidance:
Full year revenue guidance: $3.53 - $3.64 Bln
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