PowerSecure (POWR) Tops Q1 EPS by 4c

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PowerSecure Reports First Quarter 2015 Results

May 6, 2015 7:00 AM EDT

WAKE FOREST, N.C., May 6, 2015 /PRNewswire/ -- PowerSecure International, Inc. (NYSE: POWR) today reported its first quarter 2015 results.

Revenues increase 50.6 percent y-o-y to first quarter record of $79.5 million GAAP EPS of $0.01 Record total backlog of $402 million, near term backlog of $224 million Distributed generation gross margin increases to 38.6 percent Energy efficiency gross margin expands to 37.0 percent

"Our focus on operational excellence has delivered a strong quarter, with healthy... More