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Stock impact report

Zeo Energy Corp. Reports Fourth Quarter and Full Year 2023 Financial Results [Yahoo! Finance]

Zeo Energy Corporation - Class A (ZEO) 
Company Research Source: Yahoo! Finance
DALLAS and NEW PORT RICHEY, Fla., March 19, 2024 (GLOBE NEWSWIRE) -- Zeo Energy Corp. (Nasdaq: ZEO) (“Zeo”, “Zeo Energy”, or the “Company”) , a leading Florida-based provider of residential solar and energy efficiency solutions, today reported financial results for the fourth quarter and full year ended December 31, 2023. Recent Financial and Operational Highlights Net revenue for the full year 2023 increased 24% to $110.1 million Gross profit for the full year 2023 increased 26% to $20.2 million Adjusted EBITDA for the full year 2023 increased 8% to $11.2 million Completed business combination with ESGEN Acquisition Corp. on March 13, 2024 (the “Business Combination”), resulting in ZEO and ZEOWW trading on the Nasdaq Capital Market Stock Exchange) Management Commentary “2023 was a transformational year for our business, culminating in a successful business combination and public listing on the Nasdaq Capital Market,” said Zeo Energy CEO Tim Bridgewater. “Even as we fac Show less Read more
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