Sunworks (SUNW) Reports Q1 Loss Per Share of $0.02
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Sunworks Reports Over 100% Organic Revenue Growth in First Quarter 2016
May 11, 2016 7:01 AM EDTROSEVILLE, CA -- (Marketwired) -- 05/11/16 -- Â Sunworks, Inc. (NASDAQ: SUNW), a provider of solar power solutions for commercial and residential markets, today announced financial results for the quarter ended March 31, 2016.
Q1 2016 Highlights :
Total revenue of $19.6 million, up approximately 246% year-over-year and 13% sequentially despite the impact of 20 days of inclement weather which impacted volume Organic revenue growth of 100% year-over-year Net loss narrowed by over $1 million to ($378,000) compared to $(1.4) million in the first... More