ISUN - iSun reports preliminary revenues for 2022 and 2023

• iSun ( NASDAQ: ISUN ) on Tuesday said its preliminary revenue for the full year 2022 was about $74-76 million, and expects 2023 total revenue to be about $95-100 million
• The consensus estimate for 2022 revenue is $71.2 million and 2023 revenue is $97.4 million.
• The 2022 preliminary revenue is 63%-68% higher than 2021, and at the high end of the revenue range of $70-75 million forecasted in November 2022.
• Total revenues for full year 2023 are expected to be 27%-33% higher than 2022 total revenue.
• The company said its backlog stood at about $164 million.
• "With the higher revenue expectations we are sharing for 2023, we are confident that this trend will continue,” CEO and chairman Jeffrey Peck said.
• Press Release .
• Shares -4.4% at $1.32 after hours.

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