EnSync, Inc. (ESNC) Reports Q1 Loss of $0.05, Revenues Miss

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EnSync Energy Reports First Quarter of Fiscal Year 2019 Results

November 12, 2018 4:05 PM EST

MILWAUKEE, Nov. 12, 2018 /PRNewswire/ -- EnSync, Inc. (NYSE American: ESNC), dba EnSync Energy Systems ("EnSync Energy," "we," "us," "our," or the "Company"), which is creating the future of electricity with innovative residential, commercial and industrial distributed energy resource ("DER") systems and Internet of Energy ("IOE") control platforms, today announced financial results for the first quarter ended September 30, 2018. 

Financial Highlights

Revenue for the first quarter of fiscal 2019 was $2.7 million, compared to $2.4 million in the first quarter of fiscal 2018. For the first quarter of fiscal 2019, the Company recognized revenue from 10 power... More