Tag Archives: powr

PowerSecure (POWR) Lands $15 Million In LED Lighting Contracts

PowerSecure (POWR) has announced this morning $15 million in new LED lighting orders from three major retailers which include reach in case lights, walk in freezer/cooler lights as well as shelf and canopy led lighting.  The retailers expect to improve lighting quality while seeing a 70% reduction in energy usage.  The PowerSecure brand of LED lighting is specifically engineered with retailers in mind to improve the customer experience.

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PowerSecure (POWR) Lands $20 Million Contract, Shares Bullish In Shorter Term

PowerSecure (POWR) announced today it has landed a new contract worth $20 million over the next two years.  The contract calls for transmission and distribution construction as well as maintenance services for two divisions of a major public company that was unnamed in the release.  A third of the revenue will be recognized in 2012 and the remaining the following year.

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Sidney Hinton, CEO of PowerSecure, … Read the rest

PowerSecure (POWR) Introduces LED Lighting To Replace Fluorescent Tubes

PowerSecure (POWR) has introduced its new SuperTube LED lighting fixtures which are designed to replace overhead fluorescent tubes in commercial applications, increasing energy efficiency and cutting costs. The UL certified lighting solution is available and has already been installed for a customer.  They are specifically designed for indoor T8 and T12 retrofit applications and offer 75% greater efficiency over traditional lighting.  Another benefit is that they reduce maintenance costs due to a long lifespan of … Read the rest

PowerSecure (POWR) Gaps Up Off Bottom On Record Revenues, Swings To Profit, Buying Back Stock

PowerSecure International (POWR) is having a great morning gapping up off a bottom and up nearly 20% after the company reported results that were way ahead of analyst estimates with the company swinging back to a quarterly profit after posting breakeven results last quarter and a loss in the year ago quarter. 

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The company reported a non GAAP EPS of .05/share on revenues of $38 million … Read the rest

Profits Remain Elusive For Powersecure (POWR) As Stock Sinks To New Lows

PowerSecure International (POWR) continues to have a rough go of it, dropping another 10% today after the company missed analyst estimates on the EPS side.  Considering analysts were expecting a profit of .04, so it’s no wonder the stock continues to drop further below key support of the $6 level.  The company posted decent revenue, but a dip in margins eroded the EPS.

Here are some highlights of comments made by CEO Sidney Hinton.

– … Read the rest

PowerSecure (POWR) Announced $15 Million In New Orders

Today, PowerSecure (POWR) announced $15 million in new orders across its range of green energy products.  The breakdown is $8 million for its smart grid power systems, $5 million for utility infrastructure products and $2 million for LED lighting products.  The new business comes from a range of customers and will be recognized as revenue this year.  To put the new contracts in perspective, the company has been averaging about $25 million a quarter in … Read the rest

Powersecure (POWR) Reports Mixed Results, But Record Revenue Backlog & Strong Margins

Powersecure (POWR) reported mixed results last night.  The company reported a non GAAP EPS of .02 which includes financials of the recently sold Southern Flow division (which led to a big pop in the stock Wednesday).  That EPS number was better than the flat quarter analysts expected, but the company missed just a bit on the revenue side posting $26.5 million vs the analyst estimate for $27.6 million.  However, the record revenue backlog of $150 … Read the rest

PowerSecure (POWR) Announces $10 Million In New Orders For Smart Grid, LED Products

PowerSecure (POWR) has announced some new contracts this morning to the tune of $10 million for its Interactive Distributed Generation® (IDG®) smart grid power systems (making up $7 million), and LED lighting products (making up $3 million). While the IDG systems will be installed across a wide range of customers, the LED lighting contract consists of primarily one order from a major US retailer which wants to retrofit refrigerate cases with LED … Read the rest

PowerSecure (POWR) Beats As Revenue Growth Continues Acceleration

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 … Read the rest

PowerSecure (POWR) Snags 10M In New Business

PowerSecure just announced that it has received $10 million worth of  new orders for its Interactive Distributed Generation smart grid power systems and utility infrastructure projects. The contracts include a contract with a major retailer that will provide recurring revenue, along with contracts to install Interactive Distributed Generation systems in data centers, hospitals, municipal buildings, and manufacturing facilities.

$8 million of the new orders is for Interactive Distributed Generation systems, while the remaining $2 million … Read the rest