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home / news releases / SUNW - Sunworks reports Q3 revenue growth of 30% Y/Y


SUNW - Sunworks reports Q3 revenue growth of 30% Y/Y

  • Sunworks press release ( NASDAQ: SUNW ): Q3 net loss of $5.4M.
  • Revenue of $40.71M (+30.4% Y/Y) beats by $3.31M .
  • Residential Solar segment revenue of $36.7M, a 57% increase Y/Y.
  • Commercial Solar Energy Solar segment revenue of $4.1M, a 48% decrease Y/Y.
  • Total Residential Solar segment originations increased 48% Y/Y.
  • Total Commercial Solar Energy segment orders of $8.2M.
  • Total backlog increased 116% to $110M, including $15M sequential growth driven by improved residential and commercial demand.

For further details see:

Sunworks reports Q3 revenue growth of 30% Y/Y
Stock Information

Company Name: Sunworks Inc.
Stock Symbol: SUNW
Market: NASDAQ
Website: sunworksusa.com

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