Canadian Solar Misses Expectations as Revenue Falls 11% YoY in Q4

Lower solar module average selling prices led to a fall in revenue    

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Solar module manufacturer Canadian Solar generated $1.52 billion in revenue in the fourth quarter (Q4) of 2024, reflecting an 11% year-over-year decline due to lower solar module average selling prices. Revenue fell short of analysts’ expectations by $45.8 million.

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