RGS Energy (RGSE) Reports Q1 Loss of $0.06
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RGS Energy (NASDAQ: RGSE) reported Q1 EPS of ($0.06), versus ($0.34) reported last year. Revenue for the quarter came in at $10.6 million, versus $13.77 million reported last year.
"We now have greater access to solar panels and are beginning to convert our backlog to revenue at a faster rate, allowing us to simultaneously redirect greater resources towards our transformative business initiatives. These initiatives include expanding our entire sales organization, including our call center-based sales model, and seeking financing partners for our leasing program. We are encouraged by the progress we are making."
For earnings history and earnings-related data on RGS Energy (RGSE) click here.
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