Zeo Energy Corp. Reports First Quarter 2024 Financial Results
Zeo Energy Corporation - Class A (ZEO)
Company Research
Source: GlobeNewswire
NEW PORT RICHEY, Fla., May 15, 2024 (GLOBE NEWSWIRE) -- Zeo Energy Corp. (Nasdaq: ZEO) (“Zeo”, “Zeo Energy”, or the “Company”), a leading Florida-based provider of residential solar and energy efficiency solutions, today reported financial results for the first quarter ended March 31, 2024. Recent Financial and Operational Highlights Total revenue for the first quarter 2024 increased 4% to $19.5 million year-over-yearGross profit for the first quarter 2024 decreased 47% to $1.8 million year-over-yearAdjusted EBITDA for the first quarter 2024 resulted in a loss of $1.2 millionCompleted merger with ESGEN Acquisition Corp. on March 13, 2024 (the “Business Combination”), resulting in shares and warrants trading on the Nasdaq Capital Market under the tickers ZEO and ZEOWW, respectivelyMerger Transaction Expenses totaled $11.7 million for the Business CombinationPreferred Equity in the amount of $15.0 million was provided by Energy Spectrum, ESGEN’s Sponsor, which covered merger tran
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ZEO
Sec Filings
- 6/3/24 - Form 424B3
- 6/3/24 - Form EFFECT
- 5/23/24 - Form S-1/A
- ZEO's page on the SEC website