Canadian Solar: Q2 Earnings Snapshot

ONTARIO, Ontario (AP) — ONTARIO, Ontario (AP) — Canadian Solar Inc. (CSIQ) on Thursday reported second-quarter profit of $3.8 million.

The Ontario, Ontario-based company said it had net income of 2 cents per share.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 1 cent per share.

The solar wafers manufacturer posted revenue of $1.64 billion in the period, which matched Street forecasts.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CSIQ at https://www.zacks.com/ap/CSIQ