Real Goods Solar, Inc. (Nasdaq:RSOL) a leading residential and commercial solar energy EPC provider, announced results for its second quarter ended June 30, 2011. Net revenue for the second quarter of 2011 increased 13.8% to $20.0 million from $17.5 million recorded in the same period last year. The majority of the year-over-year revenue growth was organic. Gross profit increased to $5.4 million, or 26.9% of net revenue, for the second quarter of 2011 from $5.0 million, or 28.7% of net revenue, in the same period last year. The decrease in gross profit percentage primarily reflects an increase in the mix of commercial projects.
Read full article: http://bestotc.com/17825/stock-alerts/rsol-sndk-avca-clno-stocks-in-action-by-bestotccom/
(RSOL, SNDK, AVCA, CLNO) Stocks in Action by BestOtc.com
August 20th, 2011 at 10:16 am