Justin Paget Dear readers, Canadian Solar (NASDAQ:CSIQ) is a global vertically integrated solar power company, one of the largest producers of solar panels in the world and a major player in the energy storage space. It is a company that I have studied extensively and covered many times here on Seeking Alpha. And I can tell you that the one thing you need to know before investing in this one is that CSIQ is highly cyclical. Data by YCharts While the cyclicality should be evident from price action alone, the ...

GUELPH, ON, Sept. 3, 2024 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced that it has entered into a partnership agreement with SOLARCYCLE, America's most advanced solar recycling company. This agreement positions Canadian Solar as one of the first crystalline silicon solar module manufacturers to offer comprehensive recycling services to its U.S. customers.Under the terms of the agreement, SOLARCYCLE will serve as Canadian Solar's preferred recycling p ...

TORONTO, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Galantas Gold Corporation (TSX-V & AIM: GAL; OTCQX: GALKF) ("Galantas" or the "Company") is pleased to announce its unaudited financial results for the Quarter ended June 30, 2024. Financial Highlights Highlights of the second quarter 2024 results, which are expressed in Canadian Dollars, are summarized below: All figures denominated in Canadian Dollars (CDN$)Quarter EndedJune 30 20242023Revenue$0 $0 Cost and expenses of operations$(30,318)$(72,881)Loss before the ...

Canadian Solar, Inc. (CSIQ) reported second-quarter 2024 earnings of 2 cents per share, which surpassed the Zacks Consensus Estimate of a loss of 1 cent. However, the bottom line declined 99.2% from the second-quarter 2023 reported figure of $2.39 per share.RevenuesCanadian Solar reported revenues of $1.63 billion in the second quarter, which lagged the Zacks Consensus Estimate by 0.4%. The top line also declined 30.8% from the year-ago quarter’s figure of $2.36 billion.This year-over-year decrease was prim ...

Investors were spooked not only by declines in key fundamentals, but also a major miss on the bottom line.The late summer sun might be shining in many parts of the world, but it wasn't illuminating Canadian Solar (CSIQ -15.69%) stock in the past few days. After the company published a fresh set of quarterly results, many investors headed for the exit doors. As a result, according to data compiled by S&P Global Market Intelligence, Canadian Solar's share price was down by nearly 17% week to date as of early ...

Canadian Solar Inc. (NASDAQ:CSIQ) Q2 2024 Earnings Conference Call August 22, 2024 8:00 AM ET Company Participants Wina Huang - Head of Investor Relations Shawn Qu - Chairman and Chief Executive Officer Yan Zhuang - President, Canadian Solar subsidiary CSI Solar Ismael Guerrero - Corporate Vice President and President of Canadian Solar subsidiary Recurrent Energy Xinbo Zhu - Senior Vice President and Chief Financial Officer Conference Call Participants Colin Rusch - Oppenheimer Philip Shen - Roth Capital Pa ...

In value analysis, though price-to-earnings (P/E) and price-to-sales (P/S) ratios are most preferred by investors, the underrated price-to-book ratio (P/B ratio) is also an easy-to-use valuation tool for identifying low-priced stocks with exceptional returns. The ratio is used to compare a stock’s market value/price to its book value.The P/B ratio is calculated as below:P/B ratio = market price per share/book value of equity per shareP/B ratio reflects how many times book value investors are ready to pay fo ...

Exhibit 99.1 Canadian Solar Reports First Quarter 2024 Results and Announces Appointment of Chief Financial Officer Guelph, Ontario, May 9, 2024 – Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced financial results for the first quarter ended March 31, 2024. Highlights · Solar module shipments of 6.3 GW, in line with guidance of 6.1 GW to 6.4 GW. · Net revenues of $1.3 billion, in line with guidance of $1.2 billion to $1.4 billion. · 19.0% gross margin, at the high end o ...

Canadian Solar (CSIQ) came out with quarterly earnings of $0.02 per share, beating the Zacks Consensus Estimate of a loss of $0.01 per share. This compares to earnings of $2.39 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 300%. A quarter ago, it was expected that this solar wafers manufacturer would post a loss of $0.34 per share when it actually produced earnings of $0.19, delivering a surprise of 155.88%.Over the last fou ...

Canadian Solar 2Q24 Earnings Call August 22, 2024 Canadian Solar Inc. Safe Harbor Statement This presentation has been prepared by the Company solely to facilitate the understanding of the Company's business model and growth strategy. The information contained in this presentation has not been independently verified. No representation, warranty or undertaking, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or the ...