EnSync, Inc. (ESNC) Tops Q3 EPS by 1c, Miss on Revenues

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Go back to EnSync, Inc. (ESNC) Tops Q3 EPS by 1c, Miss on Revenues

EnSync Energy Reports Third Quarter Fiscal Year 2018 Results

May 15, 2018 4:05 PM EDT

MILWAUKEE, May 15, 2018 /PRNewswire/ -- EnSync, Inc. (NYSE American: ESNC), dba EnSync Energy Systems ("EnSync Energy," "we," "us," "our," or the "Company"), a leading developer of innovative distributed energy resources (DERs) and business models for commercial, residential and utility installations, today announced third quarter fiscal year 2018 financial results for the period ended March 31, 2018. 

Financial Highlights

Revenue during the third quarter of fiscal 2018 increased to $3.1 million, compared to $0.1 million in the year ago period, with revenue during the quarter largely being contributed by 10 power purchase agreement ("PPA")... More