The Peck Company Reports Second Quarter 2019 Results, 36.7% Increase in Revenue
The Peck Company Holdings, Inc. (PECK)
Company Research
Source: Business Wire
Second Quarter 2019 HighlightsSecond quarter 2019 revenue of $6.3 million, up 36.7%, compared to $4.6 million in the prior year period.Second quarter 2019 GAAP operating income of $0.6 million, compared to $0.7 million in the prior year period.Second quarter 2019 adjusted EBITDA of $0.8 million, compared to $0.8 million in the prior year period.Record backlog of $21.5 million, compared to the prior year period of $7.8 million.Successful transition to a public company through a SPAC transaction with Jensyn Acquisition Corporation. BURLINGTON, Vt.--(BUSINESS WIRE)--The Peck Company (NASDAQ:PECK), a leading commercial solar engineering, procurement and construction (EPC) company, today reported results for the second quarter 2019 ended June 30, 2019.Revenue during the second quarter of 2019 increased 36.7% to $6.3 million, compared to $4.6 million in the prior year period. Higher revenue in the quarter was driven by increased project work.On a GAAP basis, second quarter operating inco
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