World Energy Solutions, Inc. (XWES) Tops Q2 EPS by 7c

Go back to World Energy Solutions, Inc. (XWES) Tops Q2 EPS by 7c

World Energy Solutions Announces Q2 Financial Results

August 8, 2014 8:04 AM EDT

WORCESTER, Mass., Aug. 8, 2014 (GLOBE NEWSWIRE) -- World Energy Solutions, Inc. (Nasdaq: XWES), a leading energy technology and services firm, today announced financial results for the three and six months ended June 30, 2014.

Financial Highlights (All figures are in US dollars; comparisons of performance are made between Q2 2014 results and Q2 2013 results, unless otherwise noted.)

Revenue and Backlog

Quarterly revenue grew 18% to $9.4 million Revenue for the six-month period increased 14% to $18.9 million Annualized backlog grew 1% to $24.3 million Total backlog increased 2% to $45.0 million

Operating... More