SPI - SPI Energy GAAP EPS of -$0.27 beats by $0.06 revenue of $38.5M misses by $10.35M

SPI Energy press release (NASDAQ:SPI): Q1 GAAP EPS of -$0.27 beats by $0.06. Revenue of $38.5M (+14.6% Y/Y) misses by $10.35M. Shares +5.3% PM. "We continue to expect revenue of $200 million to $220 million in 2022," added Mr. Peng. "Our residential solar business is expected to remain a primary revenue driver in 2022, with EV sales accelerating as the year progresses. With a multi-decade track record of success, a world-class team with a history of execution, and strong industry tailwinds, SPI is ideally positioned to accelerate the creation of new value for our shareholders. I look forward to sharing further updates on our success in the weeks and months ahead."

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SPI Energy GAAP EPS of -$0.27 beats by $0.06, revenue of $38.5M misses by $10.35M