Sunworks Reports Second Quarter 2019 Results
Sunworks, Inc. (SUNW)
Last sunworks, inc. earnings: 10/31 07:07 am
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US:NASDAQ Investor Relations:
ir.sunworksusa.com
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Source: GlobeNewswire
--Reports Positive Operating Income-- ROSEVILLE, Calif., Aug. 02, 2019 (GLOBE NEWSWIRE) -- Sunworks, Inc. (Nasdaq: SUNW), a provider of solar power solutions for agriculture, commercial and industrial (ACI), public works and residential markets, today announced financial results for the second quarter and first half of the year ended June 30, 2019. Second Quarter 2019 Highlights: Revenue for the second quarter of 2019 more than doubled compared to the first quarter of 2019, increasing from $9.3 million to $18.7 million.Income before Other Expenses (Operating Income) for the second quarter of 2019 was $0.1 million versus a loss of ($4.3) million in the first quarter of 2019. Net loss for the quarter ended June 30, 2019 was ($0.1) million, or ($0.0) per basic and diluted share, compared to net loss of ($4.5) million, or ($0.17) per basic and diluted share in the first quarter of 2019.Earnings before interest, taxes, depreciation and amortization and stock-based compensa
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