Brief: Sunworks Inc Says Q3 Revenues Are Estimated To Be Between About $29.5 Mln And $31.5 Mln

Sunworks

21/10/2021 11:17

Oct 21 (Reuters) - Sunworks Inc  SUNW.O :
    * SUNWORKS ANNOUNCES PRELIMINARY THIRD QUARTER FINANCIAL
RESULTS
    * SUNWORKS INC SAYS Q3 REVENUES ARE ESTIMATED TO BE BETWEEN
APPROXIMATELY $29.5 MILLION AND $31.5 MILLION
    * SUNWORKS INC SEES Q3 GROSS MARGIN WILL BE BETWEEN ABOUT
44% AND
46% AND NET LOSS WILL BE BETWEEN ABOUT $6.4 MILLION AND $7.2
MILLION
    * SUNWORKS INC SAYS CASH BALANCE AS OF SEPTEMBER 30, 2021
WAS
ABOUT $11 MILLION AND BACKLOG WAS $51 MILLION

Further company coverage:  SUNW.O 

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