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SUNW - Sunworks GAAP EPS of -$0.28 misses by $0.04 revenue of $31.2M beats by $1.3M
Sunworks Inc.
Sunworks press release (NASDAQ:SUNW): Q1 GAAP EPS of -$0.28 misses by $0.04. Revenue of $31.2M (+403.2% Y/Y) beats by $1.3M. Adjusted EBITDA was a loss of ($5.6) million in the first quarter 2022, compared to ($3.9) million in the first quarter 2021. Total backlog of $63 million, a $4 million sequential improvement, driven by improved residential demand Shares +8.86% PM.