May 30 (Reuters) - Canadian Solar Inc CSIQ.O :
* CANADIAN SOLAR REPORTS FIRST QUARTER 2019 RESULTS
* QTRLY NET REVENUE WAS $484.7 MILLION, COMPARED TO $901.0 MILLION IN Q4 OF 2018
* Q1 TOTAL SOLAR MODULE SHIPMENTS WERE 1,575 MW, COMPARED TO 1,951 MW IN Q4 OF 2018
* Q1 LOSS PER SHARE $0.29
* QTRLY GROSS MARGIN WAS 22.2%, COMPARED 28.3% IN Q4 2018
* " EXPECT OUR PROFITABILITY WILL IMPROVE AS WE MOVE THROUGH 2019"
* FOR Q2 OF 2019, COMPANY EXPECTS TOTAL SOLAR MODULE SHIPMENTS TO BE IN RANGE OF APPROXIMATELY 1.95 GW TO 2.05 GW
* TOTAL REVENUE FOR Q2 OF 2019 IS EXPECTED TO BE IN RANGE OF $970 MILLION TO $1.01 BILLION
* GROSS MARGIN FOR Q2 IS EXPECTED TO BE BETWEEN 13% AND 15%
* SEES Q2 2019 REVENUE $970 MILLION TO $1.01 BILLION
* "VIEW Q1 2019 AS A ONE-TIME BUMP IN OUR RECORD OF CONSISTENTLY DELIVERING PROFITABLE RESULTS IN BOTH UP AND DOWN MARKETS"
* Q1 EARNINGS PER SHARE VIEW $-0.49, REVENUE VIEW $469.6 MILLION -- REFINITIV IBES DATA
* Q2 REVENUE VIEW $864.5 MILLION -- REFINITIV IBES DATA