EnSync, Inc. (ESNC) Misses Q4 EPS by 2c, Revenues Miss

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Go back to EnSync, Inc. (ESNC) Misses Q4 EPS by 2c, Revenues Miss

EnSync Energy Reports Fourth Quarter and Fiscal Year 2018 Results

September 25, 2018 4:10 PM EDT

MILWAUKEE, Sept. 25, 2018 /PRNewswire/ -- EnSync, Inc. (NYSE American: ESNC), dba EnSync Energy Systems ("EnSync Energy," "we," "us," "our," or the "Company"), the leading provider of innovative distributed energy resources ("DERs") and business models for residential, commercial and utility installations, today announced financial results for the fourth quarter and fiscal year ended June 30, 2018. 

Financial Highlights

Revenue for fiscal 2018 was $11.9 million, compared to $12.5 million in fiscal 2017. The Company experienced construction delays for two power purchase agreement ("PPA") projects, and a signing delay on a... More