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0.0385852090032153 0.0353697749196142 0.0128617363344052 0.00160771704180058 0.0273311897106109 0.00321543408360127 0.0209003215434084 0.0257234726688102
Stock impact report

Pineapple Energy Reports Fourth Quarter and Full Year 2023 Financial Results [Yahoo! Finance]

Pineapple Energy Inc. (PEGY) 
Company Research Source: Yahoo! Finance
Operating Loss decreased 34% from Q4 2022 Net Loss from continuing operations decreased 91% from Q4 2022 Pro forma adjusted EBITDA up 222% from Q4 2022 Positive cash flow from operations in Q4 2023 of $157,937 MINNETONKA, Minn., March 28, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced financial results for the fourth-quarter and full year ended December 31, 2023. Pineapple CEO Kyle Udseth commented, “Pineapple Energy, and our two core operating businesses Hawaii Energy Connection and SUNation, were able to power through the adversity impacting the residential solar industry and deliver a strong Q4 to cap off a very strong 2023. Stubbornly high interest rates, uncertainty over state-level policy and incentives, and general consumer malaise around long-term big-ticket items certainly presented challenges. But despite the headwinds, our solar pro Show less Read more
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