Reuters logo
BRIEF-Sunworks sees FY 2017 revenue up more than 30 pct
March 29, 2017 / 11:10 AM / 8 months ago

BRIEF-Sunworks sees FY 2017 revenue up more than 30 pct

March 29 (Reuters) - Sunworks Inc

* Sunworks reports fourth quarter and full-year results

* Q4 revenue rose 6 percent to $18.4 million

* Sees FY 2017 revenue up more than 30 percent

* Backlog of $48.5 million as of December 31, 2016, compared to $47.5 million at December 31, 2015

* Management expects backlog at end of Q1 2017 to increase in 2017 versus both prior year Q1 2016 backlog and prior quarter backlog

* Qtrly net loss of $3.7 million, compared to net income of $1.2 million, in year-ago quarter Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below