Canadian Solar's Q1 meets guidance, annual outlook reduced
- Admin
- May 10, 2024
- 1 min read
Canadian Solar Inc reported first-quarter results in line with expectations but reduced full-year guidance due to decline in module prices. Total module shipments increased year-over-year. Gross margin improved aided by lower manufacturing costs. The company expects revenue in the range of USD 7.3 billion to USD 8.3 billion for the full year.
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