Canadian Solar reported a Q4 net loss attributable to the company of $86 million (loss of $1.66/share) versus net income of $34 million ($0.48/share) a year earlier. Net revenues were $1.2 billion, down 20% year-over-year. The results represent a material decline in profitability and topline for the solar manufacturer and are likely to pressure the stock near term.
Canadian Solar reported a Q4 net loss attributable to the company of $86 million (loss of $1.66/share) versus net income of $34 million ($0.48/share) a year earlier. Net revenues were $1.2 billion, down 20% year-over-year. The results represent a material decline in profitability and topline for the solar manufacturer and are likely to pressure the stock near term.
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strongly negative
Sentiment Score
-0.65
Ticker Sentiment
