Canadian Solar Reports Q2 Earnings: GAAP EPS Misses Expectations
Thursday, 22 August 2024, 10:04
Canadian Solar Q2 Financial Overview
In its latest earnings report, Canadian Solar (CSIQ) announced a GAAP EPS of $0.02, missing analysts' expectations by $0.08. However, the company reported revenues reaching $1.64 billion, beating estimates by $30 million.
Detailed Financial Metrics
- GAAP EPS: $0.02
- Revenue: $1.64 Billion
- Revenue Beat: $30 Million
Market Implications
The mixed results in earnings could lead to varied reactions in the market, affecting investor sentiment and stock performance in the upcoming periods.
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