The company said, “For the fourth quarter of 2024, the Company expects total revenue to be in the range of $1.5 billion to $1.7 billion. Gross margin is expected to be between 16% and 18%. Total module shipments recognized as revenues by CSI Solar are expected to be in the range of 8.0 GW to 8.5 GW, including approximately 500 MW to the Company’s own projects. Total battery energy storage shipments by CSI Solar in the fourth quarter of 2024 are expected to be between 2.0 GWh to 2.4 GWh, including about 1.2 GWh to the Company’s own projects.”
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Read More on CSIQ:
- Canadian Solar reports Q3 EPS (31c), consensus (12c)
- CSIQ Earnings this Week: How Will it Perform?
- Commerce sets new antidumping tariff rate of 125.37% on certain solar cells
- Commerce to decide on another round of solar panel tariffs, Reuters reports
- Canadian Solar initiated with a Buy at Jefferies
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
