PowerSecure (POWR) Beats As Revenue Growth Continues Acceleration

Posted by Tate Dwinnell | # |
08:06:37 pm on August 5, 2010

PowerSecure International (POWR) posted results after the bell that were better than expectations.  The company reported a  Q2 EPS of $0.07, 2 cents better than the analyst estimate of $0.05 on revenues of $34.3 million, vs the estimate of $30.04 million.  Sequentially, the EPS number was flat, but 75% above the year ago number while revenues were 36% above the year ago quarter.  It marks the 4th consecutive quarter of accelerating revenue growth.  Another solid quarter from an emerging “green company”.

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