Volt Solar Systems, Inc. (VOLT) Tops Q2 EPS by 13c

Volt Solar Systems, Inc. (NYSE: VOLT) reported Q2 EPS of $0.12, $0.13 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $222.1 million versus the consensus estimate of $221 million.

“I remain encouraged by our continued momentum and performance this quarter. Despite experiencing significant weather-related impacts in February of this year and the first seven weeks of operations in the prior-year quarter being pre-COVID, we reported sequential and year-over-year improvement in our operating results,” said Linda Perneau, President and Chief Executive Officer. “Thanks to the continued execution of our improved sales and delivery model, and our disciplined cost management, this quarter reflects our strongest year-over-year revenue growth in a decade, and our first positive GAAP net income in 14 quarters.”

For earnings history and earnings-related data on Volt Solar Systems, Inc. (VOLT) click here.

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