Real Goods Solar (SOLR) reported another quarterly loss after the bell today of .01/share, the same as the year ago quarter but on a 141% jump in revenue over the year ago quarter due to organic growth and acquisitions
“We are pleased with the sales growth and operating results we achieved in the third quarter. Despite a very soft economic environment and uncertainties surrounding the extension of the Federal Investment Tax Credit, which we were … Read the rest
Darling International (DAR), recycler extraordinaire of fryer grease for biofuels, reported strong results after the bell today but missed on EPS. They reported .28/share which was 1 cent shy of analyst estimates but still an 87% increase over the year ago quarter. Revenues came in strong as well, up 37% over the year ago quarter to 236.2 million.
CEO, Randall Stuewe, said, “We are proud of the exceptional results our team delivered for third quarter. … Read the rest
Fuel Systems Solutoins (FSYS) which provides conversion kits for cars to run on natural gas reported a blow out quarter after the bell today, posting .75/share in earnings which nearly tripled analyst estimates and represents a 369% increase over the year ago quarter. Revenues climbed 61.8% over the year ago quarter to 105.5 million.
FSYS CEO said, “Even with recent energy price volatility, during the third quarter, Fuel Systems Solutions achieved 62 percent revenue … Read the rest
Akeena Solar released its 3rd quarter results today. The company saw an increase in sales over the past year, with net sales up to $10.60 million compared to $8.1 million in the third quarter of last year and $7.1 million in the second quarter of this year. Commercial installations are up tremendously, having doubled from the second quarter of this year and quadrupling compared to last year’s 3rd quarter results. Residential installations are increasing … Read the rest
Converted Organics (COIN) is announcing this morning that their complete line of organic fertilizers will be available at hundreds of independent garden centers, nurseries and specialty stores across the country through a partnership with Gro Group who will distribute the fertilizers.
“Converted Organics’ partnership with Gro Group will be instrumental in satisfying the nationwide consumer demand for our organic fertilizer products for the spring 2009 growing season,” said Richard P. Aleo, Executive Vice President of … Read the rest
Altair Nanotechnologies released its 3rd quarter results this morning. The company’s revenues have decreased significantly from the third quarter of last year. This year, revenues were $1.80 million. This time last year, the company reported revenues of $3.37 in the third quarter. Altair also reported an increased net loss of $9.11 million, or 11 cents per share, up from last year’s net loss of $6.13 million, or 9 cents a share.
The company’s cash … Read the rest
With oil prices well off their peak and California mired in financial woes, California’s Prop 10 (or California Alternative Fuels Initiative) which would have provided incentives for purchasers of alternative fuel vehicles, research for development of solar and other renewable energies and training for green collar jobs was defeated by a wide margin.
Many have come to know it has the key for T Boone’s “Pickens Plan” because it calls for much greater use of … Read the rest
Sunpower (SPWRA) is off about 20% this morning after reducing its 4Q and 2009 earnings forecast due to currency fluctuations. The company indicated that due to changes in its global tax planning it has greater exposure to the euro which has been hit hard over the last couple months and will hit the company with a $17 million revenue loss in 4Q… Read the rest
Clean Harbors released its 3rd quarter results this morning. Compared to this quarter last year, revenue has has increased 11 percent, rising from $245.5 million in 2007 to 273.2 million today. Income from operations also increased, going from $25.9 million last year to $31.3 million, an increase of 21%. However, net income for shareholders rose to $14.6 million this year from $12.9 million last year. However, due to an .11 per share charge from … Read the rest
Archer Daniels Midland released its first quarter results today. They reported a jump in profits, with net income of $1.05 billion, or $1.63 per share, That’s a big jump from this time last year, when the company reported net income of $441 million, or 68 cents per share.
Due to price increases, net sales rose 65 percent to $21.16 billion, even as sales volumes remained steady. In addition to the increase in sales, ADM … Read the rest