Canadian Solar (CSIQ) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Canadian Solar’s CSI Solar Co. reported a third-quarter operating revenue of 12.22 billion yuan and a net profit of 0.72 billion yuan, marking an 8.3% increase from the previous quarter. The company continues to leverage its strong position in utility-scale energy storage and advanced manufacturing, with North American shipments accounting for over 30% of its module sales. Despite some year-over-year declines, Canadian Solar maintains a positive cash flow and is committed to technological innovation with a significant number of patents.
For further insights into CSIQ stock, check out TipRanks’ Stock Analysis page.
