ONTARIO, Ontario (AP) — ONTARIO, Ontario (AP) — Canadian Solar Inc. (CSIQ) on Thursday reported a loss of $14 million in its third quarter.
On a per-share basis, the Ontario, Ontario-based company said it had a loss of 31 cents.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 44 cents per share.
The solar wafers manufacturer posted revenue of $1.51 billion in the period, which fell short of Street forecasts. Four analysts surveyed by Zacks expected $1.69 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CSIQ at https://www.zacks.com/ap/CSIQ
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