Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Canadian Solar Raises First-Quarter Shipments, Margins Guidance

May 2 (Bloomberg) -- Canadian Solar Inc., the third-biggest solar panel maker, raised its guidance for first-quarter shipments and margins.

Canadian Solar expects shipments of 335 megawatts to 345 megawatts in the first quarter of 2013, the Guelph, Ontario-based manufacturer said today in a PR Newswire statement. That compares with its prior prediction of 290 to 310 megawatts, and shipments of 343 megawatts in the same quarter last year. The company also raised its forecast for the gross margin to a range of 9 percent to 10 percent, from an 8-to-10 percent range.

The manufacturer said it’ll release a full earnings statement on May 28.

Link to Company News:{CSIQ US <Equity> CN <GO>}

To contact the reporter on this story: Alex Morales in London at amorales2@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.