Aug 14 (Reuters) - Canadian Solar Inc CSIQ.O :
* CANADIAN SOLAR REPORTS SECOND QUARTER 2018 RESULTS
* Q2 EARNINGS PER SHARE $0.26
* SEES FY 2018 REVENUE $4.0 BILLION TO $4.2 BILLION
* SEES Q3 2018 REVENUE $790 MILLION TO $840 MILLION
* Q2 REVENUE $650.6 MILLION VERSUS I/B/E/S VIEW $683.4 MILLION
* Q2 EARNINGS PER SHARE VIEW $0.27 -- THOMSON REUTERS I/B/E/S
* INVENTORIES AT END OF Q2 OF 2018 WERE $336.5 MILLION, COMPARED TO $414.1 MILLION AT END OF Q1 OF 2018
* QTRLY SOLAR MODULE SHIPMENTS WERE 1,700 MW COMPARED TO MODULE SHIPMENT OF 1,374 MW IN Q1 OF 2018
* GROSS MARGIN FOR Q3 IS EXPECTED TO BE BETWEEN 20.0% AND 23.0%
* FOR Q3 OF 2018, COMPANY EXPECTS TOTAL SOLAR MODULE SHIPMENTS TO BE IN RANGE OF 1.5 GW TO 1.6 GW
* IS UPDATING ITS FULL YEAR 2018 TOTAL MODULE SHIPMENT GUIDANCE TO BE IN RANGE OF 6.0 GW TO 6.2 GW
* CANADIAN SOLAR QTRLY UTILITY-SCALE SOLAR POWER PLANTS IN OPERATION AS OF JULY 31, WAS ABOUT 1.4 GWP WITH TOTAL RESALE VALUE OF ABOUT $1.6 BILLION
* CANADIAN SOLAR - ON TRACK TO MONETIZE ADDITIONAL SOLAR POWER ASSETS, INCLUDING 3 SOLAR POWER PLANTS IN U.S. TOTALING 394 MWP
* REVISION OF ANNUAL GUIDANCE REFLECTS EXPECTED REDUCTION OF SHIPMENT VOLUMES TO CHINESE MARKET IN H2
* CANADIAN SOLAR - CONSIDERS EFFECTIVE SOLAR MODULE PRODUCTION CAPACITY BEING 7,550 MW AS OF JUNE 30, 2018. EXPECTS IT TO BE 8,370 MW ON DEC 31, 2018