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http://www.marketwired.com/press-release/sunworks-reports-record-second-quarter-revenue-315-million-

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drugmanrx   Thursday, 03/16/17 10:13:20 PM
Re: Magic Money post# 60185
Post # of 61612 
http://www.marketwired.com/press-release/sunworks-reports-record-second-quarter-revenue-315-million-raises-full-year-revenue-nasdaq-sunw-2149458.htm

Q2 2016 Highlights:

Record total revenue of $31.5 million, up 186% year-over-year due primarily to acquisition of Elite Solar and organic growth; 59% sequential revenue growth
Gross Margins at 29.4% despite higher commercial business mix in the quarter
Net income increased to $744,000, compared to loss of $122,000 in the second quarter of 2015
Backlog of $43.5 million as of June 30, 2016, up 192% compared to the second quarter of 2015
Adjusted EBITDA increased $2.7 million to $2.9 million compared to $215,000 in the second quarter of 2015.

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