Tag Archives: Inv. ENER

Energy Conversion Devices, Inc (ENER) Announces Financial Results for Fourth Quarter

Energy Conversion Devices, Inc. released a financial report for the quarter ending June 30, 2008. The company is considered an industry leader in rooftop photovoltaics and thin-film solar laminates. Total consolidated revenues for the quarter rose 18%  to $82.4 million. Solar product sales were up 19% to $77 million. Net income rose from $7.0 million in the third quarter to $9.9 million in the fourth quarter. This was also the first fiscal year that the … Read the rest