TwinTrader.com announces the publication of ‘ICP Solar (ICPR) Fiscal 2009 Q2 Results; 19% Continuing Operations Revenue Growth’
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ICP Solar (ICPR) Fiscal 2009 Q2 Results; 19% Continuing Operations Revenue Growth
”ICP Solar Technologies Inc. today announced financial results for its second quarter and six months ended July 31, 2008...
”The manufacturer of proprietary solar panels and products reported a 15% revenue increase from the second quarter of fiscal 2008. Excluding discontinued operations, sales grew 19% year-over-year, driven by increased market share and expanded territory...
”Sales for the second quarter of fiscal 2009 were $1.9 million, $200,000 more than the second quarter of fiscal 2008. The company’s operating loss was $(1.4) million as compared with $(1.2) million last year, with the increased loss attributable to additional start-up costs and supply chain development…
”The company reported a net loss for the second quarter of $(3.6) million, or a loss of (11) cents per diluted share, compared with a net profit of $1.0 million, or 3 cents per share, in fiscal 2008…”
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