RGS Energy Receives $9.8 Million of Cash since June 28, 2018, Reports Growth for Solar Division, and POWERHOUSE™ Reservations Exceed $50 million
REAL GOODS SOLAR (RGSE)
Last real goods solar earnings: 5/15 04:06 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investors.rgsenergy.com/overview
Company Research
Source: GlobeNewswire
DENVER, July 16, 2018 (GLOBE NEWSWIRE) -- RGS Energy (NASDAQ:RGSE), the exclusive worldwide manufacturer of the POWERHOUSE™ solar shingle system, since June 28, 2018, has received $9.8 million in cash from its April 2018 convertible note offering. “We believe we now have all the cash needed to successfully launch POWERHOUSE™ as planned,” said Alan Fine, RGS Energy’s CFO. “Additionally, we expect future cash proceeds of over $4 million from the convertible note offering. There is also the potential to receive up to $20 million from the exercise of common stock warrants.” Solar Division Growth ($000’s omitted)2nd Quarter 2018(preliminary)1st Quarter 2018(actual)Net sales$4,757$3,629Ending Backlog15,35313,887Revenue3,5602,822Operating loss1,0832,468 “We proved our belief we would grow sales and revenue productively with our April realignment of our solar division,” said Justin Chinn RGS Energy’s Director of Sales. “We increased key metrics, including sales, backlog and revenue with a
Show less
Read more
Impact Snapshot
Event Time:
RGSE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
RGSE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
RGSE alerts
High impacting REAL GOODS SOLAR news events
Weekly update
A roundup of the hottest topics