Canadian Solar’s Q1 Net Income Grows Nine-fold on Higher Module Shipments

The company's revenue went up 36%. total shipments rose 66% to 6.1 GW in Q1

May 19, 2023

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Solar module maker Canadian Solar‘s net income surged 809% year-over-year (YoY) to $84 million for the first quarter (Q1) of the financial year (FY) 2023, fueled by increased module shipments and improved margins.

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Arjun Joshi

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Canadian Solar’s Q1 Net Income Grows Nine-fold on Higher Module Shipments

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