Blue Earth (BBLU) Reports Q2 Loss of $0.08/Share

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G. Robert Powell Named as CEO of Blue Earth and Johnny R. Thomas to Become CEO of EnSite Power, Inc.

August 17, 2015 4:05 PM EDT

HENDERSON, NV -- (Marketwired) -- 08/17/15 -- Blue Earth, Inc. (NASDAQ: BBLU), an alternative/renewable power generation solutions company, announced today that CEO Johnny R. Thomas has resigned effective September 1, 2015 as CEO/director of BBLU to become the CEO/director of EnSite Power, Inc. ("EnSite"), a subsidiary of the Company, which is expected to be spun out to shareholders and taken public. The BBLU Board of Directors has named G. Robert Powell as the CEO/director of Blue Earth effective September 1, 2015.

These personnel changes are being made as part of the strategy to... More

Blue Earth Announces Second Quarter 2015 Financial Results

August 17, 2015 4:00 PM EDT

HENDERSON, NV -- (Marketwired) -- 08/17/15 -- Blue Earth, Inc. (NASDAQ: BBLU) an alternative/ renewable power generation company, announced its results for the second quarter of 2015.

The Company recognized $3,576,400 of revenue for the three months ended June 30, 2015, as compared to $1,850,038 for the three months ended June 30, 2014, an increase of $1,726,362 or 93%. The current year's revenues represent sales from the Company's divisions Technology ($194,417), Construction ($3,380,384) and Power Generation ($1,599). The prior year's revenues represent sales from the Company's divisions Technology ($189,888) and Construction ($1,660,150). Technology sales include the UPStealth® battery backup management systems. Construction sales are from installation of alternative... More