- Solar3D (SLTD) has risen to $4.72 in AH trading after reporting Q1 revenue of $5.7M on the back of 5.5MW of solar sales. Revenue would have totaled $7.17M if all of recently-acquired MD Energy's Q1 sales were recorded, rather than just one month's worth.
- The microcap reported a quarter-ending backlog of $14.7M (4.6MW) and cash balance of $11.2M. Gross margin rose to 34% from 26% a year ago, and operating expenses to $3M from $1.2M. The opex growth is said to be primarily due to one-time expenses.
- Guidance for 2015 revenue of $40M-$45M and full-year profitability is reiterated.
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Q1 results, PR