RGS Energy Reports Second Quarter 2017 Results
REAL GOODS SOLAR (RGSE)
Last real goods solar earnings: 5/15 04:06 pm
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US:NASDAQ Investor Relations:
investors.rgsenergy.com/overview
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Source: GlobeNewswire
DENVER, Aug. 09, 2017 (GLOBE NEWSWIRE) -- RGS Energy (NASDAQ:RGSE), the nation’s original solar company since 1978, reported results for its second quarter ended June 30, 2017. The company also filed its quarterly report on Form 10-Q, as well as posted supplemental financial information on the quarterly results page in the Investor Relations section of its company website. Q2 2017 Financial Summary (000’s omitted) Q2 2017 Q1 2017 Q2 2016Net loss$(4,030) $(4,034) $(3,463)Stockholders’ equity (deficit) 13,904 17,886 (4,966)Working capital$12,743 $15,857 $(2,653) The company believes it has adequate financial capital to grow its top-line revenue and achieve break-even and thereafter better results, in future periods. Implementation of this strategy requires up-front expenses to expand sales teams, marketing for customer leads and development and implementation of new products and services, which are required investments before the company can expect to realize increased sales. G
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