Wednesday, July 22, 2015 4:07:44 PM
It could be due to several factors:
Company increased their SG&A (not so great) or increased their R&D (could be either good or bad)
Company might have purchased lots of panels in advance (in bulk) trying to minimize shortage risks as well as trying to increase economies of scale
Company might have paid executive bonuses
There are dozens of other reasons. I'm sure actual filing on Aug 6 (2 weeks, boys, just two weeks!) will clarify
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM
Bantec's Howco Short Term Department of Defense Contract Wins Will Exceed $1,100,000 for the current Quarter • BANT • Jun 25, 2024 10:00 AM