RGS Energy (RGSE) Reports Q2 Loss of $5.42/Share

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RGS Energy Reports Second Quarter 2016 Results

August 22, 2016 6:36 PM EDT

LOUISVILLE, Colo., Aug. 22, 2016 (GLOBE NEWSWIRE) -- RGS Energy (NASDAQ: RGSE), a residential and small commercial solar company since 1978, has reported results for its second quarter ended June 30, 2016. The company also filed today its quarterly report on Form 10-Q.

Business Turnaround and Capital Raising UpdateCommencing the fourth quarter of 2014, the Company began executing a business turnaround strategy designed to reduce the required level of sales necessary to achieve break-even or better operating results. To execute the business turnaround strategy, the Company has to become better capitalized.  The Company has successfully raised... More