PowerSecure (POWR) Tops Q3 EPS by 3c
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PowerSecure (NYSE: POWR) reported Q3 EPS of $0.09, $0.03 better than the analyst estimate of $0.06. Revenue for the quarter came in at $107 million versus the consensus estimate of $102.29 million.
"Our operational focus across the business drove an expanded corporate operating margin and significant revenue growth in all segments in the third quarter. We continue to see strong contributions from new data center opportunities, which drove revenue growth of more than 90 percent in our DG business," said Sidney Hinton, chief executive officer of PowerSecure.
"We also grew our non-solar backlog by approximately 25 percent year-over-year and are excited about the additional opportunities we are chasing for the remainder of 2015 and for 2016," Hinton added.
For earnings history and earnings-related data on PowerSecure (POWR) click here.
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