Solar3D Provides Financial and Business Development Update

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Solar3D (SLTD) Updates on Operations; Sees FY15 Revenue Up 100%+

April 23, 2015 11:42 AM EDT

Solar3D (NASDAQ: SLTD) commented on the strong momentum experienced thus far in 2015, resulting in a robust outlook for the balance of this year and beyond. To date, the Company has achieved major milestones, including the completion of a $12.5 million equity capital raise, uplisting to the NASDAQ and the acquisition of MD Energy. The Company has also provided 2015 guidance for revenue ranging from $40 million to $45 million compared to $20.2 million in 2014. Management expects to generate positive EBITDA in 2015 and has earmarked a portion for continued strengthening of balance sheet in addition to overall financial... More