Nov 15 (Reuters) - Canadian Solar Inc CSIQ.O :
* CANADIAN SOLAR REPORTS THIRD QUARTER 2018 RESULTS
* Q3 EARNINGS PER SHARE $1.09
* Q3 REVENUE $768 MILLION VERSUS I/B/E/S VIEW $809.4 MILLION
* Q3 EARNINGS PER SHARE VIEW $0.44 -- THOMSON REUTERS I/B/E/S
* SEES FY 2018 REVENUE $3.53 BILLION TO $3.64 BILLION
* SEES Q4 2018 REVENUE $690 MILLION TO $800 MILLION
* CANADIAN SOLAR- PORTFOLIO OF UTILITY-SCALE SOLAR POWER PLANTS IN OPERATION ABOUT 1.1 GWP WITH ESTIMATED TOTAL RESALE VALUE ABOUT $1.23 BILLION, AS OF OCT. 31
* FOR Q4 OF 2018, COMPANY EXPECTS TOTAL SOLAR MODULE SHIPMENTS TO BE IN RANGE OF 1.67 GW TO 1.72 GW
* GROSS MARGIN FOR Q4 IS EXPECTED TO BE BETWEEN 24% AND 26%
* TOTAL SOLAR MODULE SHIPMENTS IN Q3 OF 2018 INCLUDED 180 MW SHIPPED TO COMPANY'S PROJECTS
* CANADIAN SOLAR - SOLAR MODULE SHIPMENTS RECOGNIZED IN REVENUE IN Q3 2018 TOTALED 1,521 MW, COMPARED TO 1,454 MW IN Q2 OF 2018
* INVENTORIES AT END OF Q3 OF 2018 WERE $322.0 MILLION, COMPARED TO $336.5 MILLION AT END OF Q2 OF 2018
* INVENTORY TURNOVER IN Q3 OF 2018 WAS 55 DAYS, COMPARED TO 72 DAYS IN Q2 OF 2018
* CANADIAN SOLAR - FOR MODULE,SYSTEM SOLUTIONS BUSINESS, AVERAGE SELLING PRICE OF SOLAR MODULES DECLINED IN Q3 FROM Q2, DUE TO CHINA'S SOLAR INCENTIVE POLICY
* LIKELY CO'S GROSS MARGIN WILL CONTINUE TO FLUCTUATE IN FUTURE QTRS
* CANADIAN SOLAR - PLANS TO SELL MOST OF ITS LATE-STAGE PROJECTS IN JAPAN INTO CANADIAN SOLAR INFRASTRUCTURE FUND AFTER PROJECTS REACH COD
* DEMAND LEVELS AT CO'S KEY MARKETS WILL LIKELY CONTINUE TO FLUCTUATE, AND UNCERTAINTY REMAINS FOR 2019
* TOTAL SOLAR MODULE SHIPMENTS IN Q3 OF 2018 WERE 1,590 MW, COMPARED TO 1,700 MW IN Q2 OF 2018