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Stock impact report

Peck: Growth Is Accelerating For This Profitable Green Energy Nano-Cap Company [Seeking Alpha]

First Solar, Inc. (FSLR) 
Last first solar, inc. earnings: 2/20 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.firstsolar.com/investor-relations
Company Research Source: Seeking Alpha
Earlier this yearI wrote aboutPECKPeck is a solar engineering, construction and procurement contractor for commercial and industrial customers across the Northeastern United States. It's a second-generation family business that got started in 1972 as a traditional electrical contractor which has since morphed primarily into a solar company. Peck hasinstalledannouncedPECK achieved $28.2 million in revenue for 2019, a 77% increase over 2018. Revenue for Q4 2019 was $6.3 million, more than doubling Q4 2018's revenue of $2.9 million. While Q4 is a seasonally weak quarter given weather conditions in its home territory, PECK managed to increase its backlog from $16 million as of September 30, 2019 to $30 million now. With a market cap of only $10 million, PECK's trailing revenue multiple is less than 0.4x. That despite the accelerating growth that should continue given the recent spike in backlog. PECK compares rather favorably to larger industry peers such as First Solar, Inc. (FSLRSPWRCSI Show less Read more
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