Cleantech Solutions (CLNT +9.6%) posts outsized gains following Q1 earnings. Revenues come in at...

|About: Cleantech Solutions Interna... (CLNT)|By:, SA News Editor

Cleantech Solutions (CLNT +9.6%) posts outsized gains following Q1 earnings. Revenues come in at $13.9M (+47.6% Y/Y) as demand from existing wind power customers accelerates after several lackluster quarters. Gross profits rise to $3.1M from $1.9M in Q1 2012, as margins expand by 225 basis points. Operating income of $2.3M is a 171.4% improvement over the same period a year ago. The stock is of course still woefully below its all-time highs reached in 2010. (PR)