While the solar installers Akeena Solar (AKNS) & Real Goods Solar (RSOL) have perked up a bit technically, fundamentally both remain in dire straits. Akeena Solar (AKNS) reported their miserable quarter several days ago and after the bell today it was Real Goods turn. It wasn’t pretty but RSOL is closer to profitability than AKNS.
The company reported a much wider loss than the year ago period at .08/share which missed analyst expectations of a … Read the rest
After its solar installing rival Akeena Solar (AKNS) reported awful results several days ago, you couldn’t expect much out of Real Goods Solar (RSOL) after the bell today and they didn’t disappoint. Taking out the big costs of acquisition in the quarter, they still reported a .10/share loss. Analysts had expected the company to be flat in the quarter with no losses after one time costs. On the bright side, this is a … Read the rest
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