Ascent Solar Technologies, Inc. announced revenue results for the first quarter of 2015. The company reported a first quarter revenue decline from first quarter of 2014 but has reaffirmed full year revenue guidance. The company reported first quarter total revenues of $660,000 million, down from $753,000 in the same period a year ago. The company said first quarter results were negatively impacted by the seasonality of the consumer electronics industry, where first quarter is usually the slowest. First quarter was also impacted by a prolonged strike at west coast ports in early 2015 which contributed to delays in product delivery for first quarter, pushing back deliveries into second quarter.

The company said it has back-ordered bookings that should result in revenue for second quarter and has reiterated revenue guidance in a range of $10 million to $12 million for the full year 2015.