09:50 AM EST - Canadian Solar Inc. : reported a profit for the first quarter, compared to a year-ago loss, helped by a sharp increase in revenues. The company reported net income attributable to the company for the first quarter of $1.5 million U.S. or $0.04 U.S. per share, compared to a net loss of $4.78 million U.S. or $0.13 U.S. per share in the year-ago quarter. Net revenues for the quarter increased to $336.93 million U.S. from $49.47 million U.S. in the prior-year quarter. Canadian Solar Inc.
shares CSIQ are trading down $0.92 at $11.60.
