Canadian Solar Reports Second Quarter 2024 Results

GUELPH, ON, Aug. 22, 2024 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced financial results for the second quarter ended June 30, 2024.HighlightsSolar module shipments of 8.2 GW, above guidance of 7.5 GW to 8.0 GW.Net revenues of $1.6 billion, in line with guidance of $1.5 billion to $1.7 billion.17.2% gross margin, in line with guidance of 16% to 18%.e-STORAGE backlog grew to $2.6 billion, backed by a record 66 GWh of pipeline, as of June 30, 2024.Recu ...