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BRIEF-Canadian Solar Q2 earnings per share $0.31

Published 2015-08-18, 04:26 p/m
© Reuters.  BRIEF-Canadian Solar Q2 earnings per share $0.31
CSIQ
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Aug 18 (Reuters) - Canadian Solar Inc CSIQ.O :
* Reports second quarter 2015 results
* Q2 earnings per share $0.31
* Sees FY 2015 revenue $2.8 billion to $3.0 billion
* Q2 revenue $636.7 million versus I/B/E/S view $592.5 million
* Q2 earnings per share view $0.13 -- Thomson Reuters I/B/E/S
* Sees Q3 2015 revenue $570 million to $620 million
* Qtrly gross margin was 15.2%, compared to 17.8% in the first quarter of 2015
* Q2 total solar module shipments were 850 mw, compared to 1.03 gw recognized
in revenue in the first quarter of 2015
* For third quarter of 2015, the company expects total module shipments to be
in the range of approximately 970mw to 1,020mw
* Total revenue for the third quarter of 2015 is expected to be in the range of
$570 million to $620 million
* Says Q3 gross margin expected to be between 12% and 14%
* For FY, maintains its expectation of total module shipments to be in the
range of approximately 4.0 gw to 4.3 gw
* On track in developing global downstream energy business
* Gross margin guidance for Q3 expected to be negatively impacted by U.S.
import duty on modules
* FY 2015 revenue view $2.93 billion -- Thomson Reuters I/B/E/S
* Q3 revenue view $669.3 million -- Thomson Reuters I/B/E/S

* Source text for Eikon ID:nPnDtJl0

* Further company coverage CSIQ.O

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