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Canadian Solar Inc
CSIQ swung to a loss in the first quarter.
Net loss attributable to Canadian Solar came in at $21.3 million, or $0.49 per share, versus a year-ago profit of $5.9 million, or $0.13 per share. Its revenue dropped 26.5% to $325.8 million.
Canadian Solar's gross margins fell to 7.7% from 14.7%.
Canadian Solar shares closed at $3.21 yesterday.
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