March 21, 2017 / 11:21 AM / in 9 months

BRIEF-Canadian Solar sees Q1 2017 revenue $570 mln to $590 mln

March 21 (Reuters) - Canadian Solar Inc:

* Canadian Solar reports fourth quarter and full year 2016 results

* Q4 loss per share $0.23

* Sees Q1 2017 revenue $570 million to $590 million

* Sees FY 2017 revenue $4.0 billion to $4.2 billion

* Q4 revenue $668.4 million versus I/B/E/S view $690.3 million

* Q4 earnings per share view $0.32 -- Thomson Reuters I/B/E/S

* Q4 adjusted non-GAAP earnings per share $0.24 excluding items

* Canadian Solar Inc- inventories at end of Q4 of 2016 were $295.4 million, compared to $313.9 million at end of q3 of 2016

* Canadian Solar Inc qtrly total solar module shipments set a record high at 1,612 MW, of which 1,581 MW were recognized in revenue

* Canadian Solar - company expects that its total worldwide internal module capacity will reach approximately 7.0 gw by June 30, 2017

* Canadian Solar Inc - qtrly total solar module shipments 1,612 MW compared to 1,161 MW

* Canadian Solar Inc- for Q1 of 2017, company expects total solar module shipments to be in range of approximately 1.15 gw to 1.2 gw

* Canadian solar inc - for full year 2017, company expects total module shipments to be in range of approximately 6.5 GW to 7.0 GW

* Canadian Solar Inc- gross margin for q1 is expected to be between 13% and 15%

* Canadian Solar- has not imported solar products from china to U.S., or using Taiwanese solar cells in solar products shipped into U.S. Since Feb 2017

* Fy2017 revenue view $3.29 billion -- Thomson Reuters I/B/E/S

* Canadian solar inc - company “expects its cost of production will decrease throughout year”

* Q1 revenue view $679.0 million -- Thomson Reuters I/B/E/S

* Canadian Solar Inc - company expects to connect (cod) approximately 1 GW to 1.2 GW of new solar projects globally in 2017 Source text for Eikon: Further company coverage:

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