UPDATE - RGS Energy Corrects and Expands First Quarter 2018 Results Press Release
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, May 14, 2018 (GLOBE NEWSWIRE) -- RGS Energy (NASDAQ:RGSE), the exclusive worldwide licensee of POWERHOUSE™, an innovative and visually stunning solar shingle system using technology developed by The Dow Chemical Company, expanded its May 11, 2018 press release to include a backlog rollforward and reconciliation of pro forma stockholders’ equity. RGS also corrected errors in the financial summary. Financial Summary: ($000’s omitted) 1st Quarter2018(reported) Pro FormaAdjustments(Unaudited)Pro Formaas if April 9, 2018Capital Raise closedon March 31, 2018(Unaudited) 1st Quarter2017(reported) Pro Forma Cash$303 $4,371$4,674$14,077 Convertible Debt, net* 1 1,280 1,281 1 Pro Forma shareholders’ equity 3,352 3,091 6,443 17,886 Working capital 807
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