Canadian Solar: Q4 Earnings Snapshot

ONTARIO, Ontario (AP) — ONTARIO, Ontario (AP) — Canadian Solar Inc. (CSIQ) on Thursday reported a loss of $1.4 million in its fourth quarter.

On a per-share basis, the Ontario, Ontario-based company said it had a loss of 2 cents.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 13 cents per share.

The solar wafers manufacturer posted revenue of $1.7 billion in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $1.65 billion.

For the year, the company reported profit of $274.2 million, or $3.87 per share. Revenue was reported as $7.61 billion.

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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