Solar(CSIQ) - 2024 Q2 - Quarterly Report

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 ...