Sunworks

Sunworks, Inc. engages in the provision of photovoltaic and battery based power and storage systems for the residential and commercial markets. It operates through the Solcius and Sunworks business segments. The Solcius segment focuses on residential projects. The Sunworks segment deals with commercial projects including commercial, agricultural, industrial, and public works projects. The company was founded by Roland F. Bryan, Mark P. Harris, and Christopher T. Kleveland in 1983 and is headquartered in Provo, UT.

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ORLANDO, Fla.--(BUSINESS WIRE)--SunWorks Landscape Partners (“SunWorks”), a commercial landscaping business backed by Orion Group (“Orion”), announced today that it has partnered with Exclusive Landscaping (“Exclusive”), a leading commercial landscape maintenance company based in Orlando, Florida. Exclusive is SunWorks' eighth partner in the commercial landscaping industry. SunWorks partners with exceptional founder-owned landscaping businesses, providing liquidity for owners and resources to f.

SunWorks Expands in Florida Market Through New Partnership with Exclusive Landscaping

Embattled solar energy development specialist Sunworks (NASDAQ: SUNW ) — which serves both the residential and commercial markets — filed for Chapter 7 bankruptcy on Monday. Almost certainly, the move represents the end of the enterprise.

Sunworks (SUNW) Stock Pops 200% After Bankruptcy Filing

Sunworks, Inc. (NASDAQ:SUNW ) Q3 2023 Earnings Conference Call November 10, 2023 12:00 PM ET Company Participants Jason Bonfigt - CFO Mark Trout - President and CEO Conference Call Participants Donovan Schafer - Northland Capital Markets Philip Shen - ROTH Capital Partners Operator Greetings, and welcome to Sunworks Third Quarter 2023 Results Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

Sunworks, Inc. (SUNW) Q3 2023 Earnings Call Transcript

PROVO, UT / ACCESSWIRE / November 10, 2023 / Sunworks, Inc. (NASDAQ:SUNW), a leading provider of solar power, battery storage, and electric vehicle charging solutions for residential, agriculture, commercial, industrial, and public works markets, today announced financial results for the three months ended September 30, 2023. THIRD QUARTER 2023 RESULTS (As compared to the Third Quarter 2022) Total revenue of $28.7 million, a 29.5% decline Residential Solar segment revenue of $20.3 million, a 44.5% decline Commercial Solar Energy segment revenue of $8.3 million, a 105.9% increase Total backlog of $66.5 million, a 39.7% decline For the three months ended September 30, 2023, Sunworks reported total revenue of $28.7 million, versus $40.7 million in the prior-year period.

Sunworks Announces Third Quarter 2023 Results

PROVO, UT / ACCESSWIRE / November 3, 2023 / Sunworks, Inc. (NASDAQ:SUNW), a leading provider of solar power and battery storage solutions for residential, agriculture, commercial, industrial, and public works markets, today announced that it will release third quarter 2023 results before the market opens on Friday, November 10, 2023. A conference call will be held that same day at 12:00 P.M.

Sunworks Announces Third Quarter 2023 Results Conference Call and Webcast Date

PROVO, UT / ACCESSWIRE / October 18, 2023 / Sunworks, Inc. (NASDAQ:SUNW), a high-performance solar and battery storage solutions provider across residential, agricultural, commercial, industrial and public works markets, today announced Gaylon Morris has decided to step down as Chief Executive Officer and Director and that its Board of Directors has elected Mark C. Trout as President and Chief Executive Officer and Director, effective immediately.

Sunworks Announces CEO Transition

PROVO, UT / ACCESSWIRE / October 11, 2023 / Sunworks, Inc. (NASDAQ:SUNW), a high-performance solar and battery storage solutions provider across residential, agricultural, commercial, industrial and public works markets, today announced that it has signed an agreement with an existing solar PV customer to install multiple commercial grade electric vehicle (EV) charging systems. This Sunworks agricultural customer is expanding its commitment to sustainability by adding an EV charging system to support the EV charging needs of its employees, customers, and to power electric farm equipment.

Sunworks Awarded First Commercial Grade Electric Vehicle Charging System Contract

PROVO, UT / ACCESSWIRE / September 15, 2023 / Sunworks, Inc. (NASDAQ:SUNW), a provider of solar power and battery storage solutions for residential, agriculture, commercial, industrial, and public works markets, today announced that it will conduct its annual meeting of stockholders at 9 a.m. MDT (11 a.m.

Sunworks to Conduct Virtual Annual Meeting of Stockholders on September 22, 2023

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20-Year-Old, Publicly Traded Industry Leader Caps List in Top 20th Percentile for Second Year PROVO, UT / ACCESSWIRE / August 31, 2023 / Sunworks, Inc. (NASDAQ:SUNW), a high-performance solar and battery storage solutions provider across residential, agricultural, commercial, industrial and public works markets, today announced that for the second year it had been named as one of the Top Solar Contractors in the United States by Solar Power World , a leading industry publication, for calendar year 2023. The Top Solar Contractors list is developed each year by Solar Power World to recognize top performers across the domestic solar installation industry.

Sunworks Retains Elite Ranking on Solar Power World's 2023 Top Solar Contractors List

Sunworks Inc. (NASDAQ:SUNW ) Q2 2023 Results Conference Call August 14, 2023 1:00 PM ET Company Participants Jason Bonfigt - CFO Gaylon Morris - CEO Conference Call Participants Philip Shen - Roth MKM Donovan Schafer - Northland Capital Markets Operator Greetings. Welcome to Sunwork's Second Quarter 2023 Results Conference Call.

Sunworks Inc. (SUNW) Q2 2023 Earnings Call Transcript

PROVO, UT / ACCESSWIRE / August 14, 2023 / Sunworks, Inc. (Nasdaq:SUNW), a leading provider of solar power and battery storage solutions for residential, agriculture, commercial, industrial, and public works markets, today announced financial results for the three months ended June 30, 2023. SECOND QUARTER 2023 RESULTS (As compared to the Second Quarter 2022) Total revenue of $34.6 million, a 4.8% decline Residential Solar segment revenue of $27.2 million, a 16.3% decline Commercial Solar Energy segment revenue of $7.4 million, a 91.7% increase Total backlog of $84.1 million, a 13.1% decline For the three months ended June 30, 2023, Sunworks reported total revenue of $34.6 million, versus $36.4 million in the prior-year period.

Sunworks Announces Second Quarter 2023 Results

PROVO, UT / ACCESSWIRE / August 9, 2023 / Sunworks, Inc. (NASDAQ:SUNW) "Sunworks" or the "Company"), a leading provider of solar power and battery storage solutions for residential, agriculture, commercial, industrial, and public works markets, today announced that it has entered into a definitive agreement with a single ESG-focused institutional investor for the purchase and sale of 3,300,000 shares of the Company's common stock at a purchase price of $1.00 per share of common stock in a registered direct offering. The closing of the offering is expected to occur on or about August 11, 2023, subject to the satisfaction of customary closing conditions.

Sunworks Announces $3.3 Million Registered Direct Offering of Common Stock

PROVO, UT / ACCESSWIRE / August 8, 2023 / Sunworks, Inc. (NASDAQ:SUNW) "Sunworks" or the "Company"), a leading provider of solar power and battery storage solutions for residential, agriculture, commercial, industrial, and public works markets, today announced that it will host a conference call to discuss second quarter 2023 results on Monday, August 14, 2023, at 1:00 PM ET. A webcast of the conference call will be available in the Investor Relations section of Sunworks' website at https://ir.sunworksusa.com/.

Sunworks To Host Second Quarter 2023 Results Conference Call and Webcast on August 14, 2023

MELBOURNE, Fla.--(BUSINESS WIRE)--SunWorks Landscape Partners (“SunWorks”), a national commercial landscaping business backed by Orion Group ("Orion"), announced today that it has partnered with Top Notch Lawn Care ("Top Notch"), a leading commercial landscape maintenance provider based in Melbourne, FL. Top Notch is SunWorks' seventh partner company in the commercial landscaping industry. SunWorks partners with exceptional founder and family-owned businesses and provides resources to help fuel.

SunWorks Enters Florida Market Through New Partnership with Top Notch Lawn Care

PROVO, UT / ACCESSWIRE / August 2, 2023 / Sunworks, Inc. (NASDAQ:SUNW), a leading provider of solar power and battery storage solutions for residential, agriculture, commercial, industrial, and public works markets, today announced select preliminary operational and financial data for the three months ended June 30, 2023. PRELIMINARY UNAUDITED SECOND QUARTER 2023 RESULTS Total revenue of range between $33.0 and 35.0 million Total Adjusted EBITDA range between ($10.0) and ($11.5) million Residential Direct sales channel represented approximately 45% of new originations Total backlog of approximately $84 million Approximately $­4.8 million in cash and restricted cash as of June 30, 2023 MANAGEMENT COMMENTARY "Following a period of strong residential origination activity in the first quarter, demand conditions softened during the second quarter in several markets, including California, where consumers adapted to the NEM 3.0 transition," stated Gaylon Morris, Chief Executive Officer of Sunworks.

Sunworks Provides Preliminary Second Quarter 2023 Business Update

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Sunworks (SUNW) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Sunworks (SUNW) Shows Fast-paced Momentum But Is Still a Bargain Stock

Sunworks (SUNW) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Sunworks (SUNW) Moves to Strong Buy: Rationale Behind the Upgrade

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PROVO, UT / ACCESSWIRE / July 12, 2023 / Sunworks, Inc. (Nasdaq:SUNW), a leading provider of solar power and battery storage solutions for residential, agriculture, commercial, industrial, and public works markets, today announced the appointment of Mark Trout as Group CEO of Solcius, Sunworks' wholly owned residential solar business, effective July 10, 2023. Mr. Trout is based in Provo, UT reporting directly to Gaylon Morris, Chief Executive Officer of Sunworks.

Sunworks Appoints Mark C. Trout as Group CEO of the Residential Solar Segment

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PROVO, UT / ACCESSWIRE/ June 8, 2023 / Sunworks, Inc. (NASDAQ:SUNW)("Sunworks" or the "Company"), a leading provider of solar power and battery storage solutions for residential, agriculture, commercial, industrial, and public works markets, today announced that it has entered into a definitive agreement with a single ESG-focused institutional investor for the purchase and sale of 4,050,000 shares of the Company's common stock at a purchase price of $1.14 per share of common stock in a registered direct offering. The closing of the offering is expected to occur on or about June 9, 2023, subject to the satisfaction of customary closing conditions.

Sunworks Announces $4.6 Million Registered Direct Offering of Common Stock

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