Solar3D, Inc. Provides Earnings Guidance for the Second Quarter Ended June 30, 2015
July 22, 2015 at 09:39 am
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Solar3D, Inc. provided earnings guidance for the second quarter ended June 30, 2015. For the quarter, revenue is expected to exceed $11.0 million. This represents an increase approximately 95% greater than the previous quarter.
The company reiterates its guidance of $40 million to $45 million in revenue for the full year 2015.
Sunworks, Inc. provides photovoltaic (PV) and battery-based power and storage systems for residential and commercial markets. The Company's commercial projects include commercial, agricultural, industrial, and public works projects. It operates through three segments: Residential Solar, Commercial Solar Energy, and Corporate. Residential Solar segment designs, arrange finances, integrates, installs, and manages systems, primarily for residential homeowners. The Commercial Solar Energy segment designs, arrange finances, integrates, installs, and manages systems ranging in size from 50kW (kilowatt) to multi-MW (megawatt) systems primarily for larger commercial and public works projects. Its commercial installations include installations at office buildings, manufacturing plants, warehouses, service stations, churches, and agricultural facilities such as farms, wineries, and dairies. Its public works installations include school districts, federal facilities and local municipalities.