Ascent Solar improved revenue and decreased loss

photonJanuary 22, 2018147

US-based CIGS module manufacturer Ascent Solar Technologies Inc posted net revenue of $242,000 for Q3 2017 compared to $452,000 in Q3 2016. The loss from operations continued to maintain at about the same level as last quarter at $3.26 million but improved significantly, by about 41 percent, as compared to the loss during the same period last year of $5.54 million. The net loss for the quarter also narrowed to approximately $2.35 million, an improvement of about 80 percent from $-11.79 million in corresponding quarter in 2016.

Regarding the first nine month, revenue was $547,000 ($1.3 million). Loss was $12.6 million ($-33.4 million)

Solar system price checker

Comments

Design Your Solar Home

START

Hot spots

12 3

Input your address to see if it is solar friendly and how much you can save with solar.

Great. Your address is perfect for solar. Solar incentive is still available. Select monthly utility cost and calculate the size of solar system you will need now.

Whoa ! Going solar is definitely a smart decision.

kw System size years Payback period Lifetime savings

No money down, 100% finance is available.

adv