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Canadian Solar: 4Q Earnings Snapshot

GUELPH, Ontario (AP) _ Canadian Solar Inc. (CSIQ) on Thursday reported fourth-quarter earnings of $111.6 million.

The Guelph, Ontario-based company said it had profit of $1.81 per share. Earnings, adjusted for non-recurring gains, were $1.61 per share.

The solar wafers manufacturer posted revenue of $901 million in the period.

For the year, the company reported profit of $237.1 million, or $3.88 per share. Revenue was reported as $3.74 billion.

For the current quarter ending in April, Canadian Solar said it expects revenue in the range of $450 million to $480 million.

The company expects full-year revenue in the range of $3.5 billion to $3.8 billion.

Canadian Solar shares have risen 65 percent since the beginning of the year. The stock has climbed 41 percent in the last 12 months.

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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