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Canadian Solar Expects a Quarterly Increase for 1Q14 and Schedules a Conference Call

published: 2014-05-08 15:18

Canadian Solar Inc. announced its selective preliminary results for the first quarter ended March 31, 2014 and scheduled its earnings release and conference call to discuss its first quarter results for Friday, May 16, 2014.

For the first quarter of 2014, Canadian Solar expects its solar module shipments to be in the range of approximately 490 MW to 500 MW, compared to its previous guidance which was in the range of 470 MW to 490 MW. The Company expects its revenue to be in the range of $460 million to $470 million, compared to previous guidance which was in the range of $415 million to $430 million. The company also expects its gross margin to be in the range of 14% to 15% compared to its previous guidance which was in the range of 14%-16%.

Earnings Conference Call Details

The Company will hold a conference call on Friday May 16, 2014 at 8:00 a.m. U.S. Eastern Time (8:00 p.m., May 16, 2014 in Hong Kong) to discuss the Company's first quarter of 2014 results and its business outlook.

The dial-in number for the live conference call is +1-877 703 6107 or +1-857 244 7306, with passcode 19038700. A live webcast of the conference call will also be available on Canadian Solar's website at www.canadiansolar.com.

A replay of the call will be available 4 hours after the conclusion of the call until 11:00 p.m. on May 23, 2014, U.S. Eastern Time (11:00 a.m., May 24, 2014 in Hong Kong) and can be accessed by dialing +1-617-801-6888 or +1-888-286-8010 and entering the passcode 18179910. A webcast replay will also be available at www.canadiansolar.com.

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