Pre-market plummet! Canadian Solar (CSIQ.US) Q2 revenue falls short of market expectations, lowering full-year revenue guidance.

Wisdom Financial APP learned that Canadian Solar (CSIQ.US) has announced its financial performance for the second quarter. Q2 revenue increased by 3.7% year-on-year to $1.7 billion, lower than the market's expected $1.9 billion. Non-GAAP loss per share was $0.53, below market expectations. The total shipment volume of components confirmed as revenue in the second quarter was 7.9GW, an increase of 14% quarter-on-quarter. After the performance announcement, as of the time of publication, the company's stock price has fallen by 10.59% in pre-market trading.