Canadian Solar Gives Q1 Sales Warning; Blames Weather

By | March 5, 2014

Scalper1 News

Canadian Solar (CSIQ) shares skidded almost 10% on the stock market today after the Chinese-backed maker of solar-power products warned about a drop in first-quarter revenue, while reporting its second-straight quarterly profit gain as part of Q4 results issued on Wednesday. It also missed analyst Q4 earnings forecasts while beating modestly on sales. The Guelph, Ontario-based company says the expected slip in Q1 revenue stems from the fact that Scalper1 News

Scalper1 News