InvestorsHub Logo
Followers 25
Posts 4074
Boards Moderated 0
Alias Born 01/18/2014

Re: None

Monday, 03/14/2016 7:41:35 AM

Monday, March 14, 2016 7:41:35 AM

Post# of 63559
http://www.marketwatch.com/%28S%28rnrsydaynixa5x55oiibxm45%29%29/story/sunworks-exceeds-2015-revenue-guidance-with-537-million-in-revenues-a-166-increase-reports-profit-with-diluted-eps-of-005-2016-03-14
-- Revenue of $53.7 million, up 166%, compared to $20.2 million in the
prior year
-- Organic revenue growth was approximately $25.0 million, or 124%,
while $8.5 million, or 16% of growth, was acquisition related
-- Gross margin of 31.7% of total revenue compared to 27.8% in the prior
year
-- Operating income of $2.4 million, up 660%, compared to $312,000 in the
prior year
-- Net income of $1.1 million compared to a net loss of $24.9 million in
the prior year
-- Cash and cash equivalents of $12.0 million as of December 31, 2015
compared to $414,000 the prior year
-- Backlog of $47.5 million as of December 31, 2015 compared to $3.1
million a year earlier