"For the third quarter of 2013, Canadian Solar now expects solar module shipments to be in the range of approximately 460 MW to 480 MW, which exceeds the Company's original guidance of 410 MW to 430 MW provided on August 8, 2013. The Company expects its revenue for the third quarter of 2013 to be in the range of $470 million to $495 million. The Company now expects its gross margin to be in the range of 18% to 20% compared to its original guidance of 10% to 12%. The Company's gross margin for the third quarter of 2013 is expected to exceed its original guidance primarily due to the successful execution of its total solutions business strategy including the completion and sales of solar power plants as previously disclosed."
Solar sector is on fire, should be good for Hanwha SolarOne , Good Luck Longs
Sentiment: Strong Buy
Hey Doc, I have to believe that HSOL early earnings call has to be bullish. The other factor is making a second offering of shares soon.That said your post of late has said that HSOL is running full house and executing on all cylinders. If CSIQ margins have increase anywhere from 6-10% that's huge. If HSOL can report that kind of margin expansion as well as increased demand this stock is just getting started. What do you think?
you know, it does stink that results of other solars have to affect entire sector instead of just worrying about HSOL's results affecting HSOL. I don't like to rely on other companies on whether I make money or not. That isn't right.