KITCHENER, Ontario (AP) — KITCHENER, Ontario (AP) — Canadian Solar Inc. (CSIQ) on Thursday reported a loss of $32.1 million in its first quarter.
On a per-share basis, the Kitchener, Ontario-based company said it had a loss of 71 cents.
The solar wafers manufacturer posted revenue of $1.08 billion in the period, beating Street forecasts. Three analysts surveyed by Zacks expected $947.6 million.
For the current quarter ending in June, Canadian Solar said it expects revenue in the range of $1 billion to $1.2 billion.
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