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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PROVO, UT / ACCESSWIRE / May 24, 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 first quarter 2023 results on Thursday, May 25, 2023, at 4:00 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 First Quarter 2023 Results Conference Call and Webcast on May 25, 2023

Sunworks (SUNW) came out with a quarterly loss of $0.18 per share versus the Zacks Consensus Estimate of a loss of $0.28. This compares to loss of $0.28 per share a year ago.

Sunworks (SUNW) Reports Q1 Loss, Tops Revenue Estimates

PROVO, UT / ACCESSWIRE / May 23, 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 March 31, 2023. FIRST QUARTER 2023 RESULTS (As compared to the First Quarter 2022) Total revenue of $38.1 million, a 22.3% increase Residential Solar segment revenue of $30.2 million, a 14.6% increase Commercial Solar Energy segment revenue of $7.9 million, a 64.4% increase Total backlog increased 40.7% to $88.4 million, driven by residential and commercial demand For the three months ended March 31, 2023, Sunworks reported total revenue of $38.1 million, versus $31.2 million in the prior-year period, reflecting growth across the Company's residential and commercial markets.

Sunworks Announces First Quarter 2023 Results

PROVO, UT / ACCESSWIRE / May 12, 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 intends to postpone the issuance of its first quarter 2023 results and accompanying conference call previously scheduled for Monday, May 15, 2023. The Company will make a subsequent announcement to schedule the date and time of its first quarter 2023 results, conference call and webcast following the release of its financial results for the first quarter.

Sunworks To Postpone First Quarter 2023 Results Conference Call and Webcast

PROVO, UT / ACCESSWIRE / May 3, 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 release first quarter 2023 results before the market opens on Monday, May 15, 2023. An accompanying conference call and webcast will be held that same day at 1:00 p.m.

Sunworks Announces First Quarter 2023 Results Conference Call and Webcast Date

Sunworks enjoyed outstanding 60% YoY top line growth this FY'22, due to strong residential installations, which accounted for 88% of its total revenue in FY'22. Its focus on improving operating efficiency and financial performance makes its 2023 plan more exciting as the management provides a positive outlook for getting towards breakeven EBITDA.

Sunworks: Thriving In Solar Power And Energy Storage Growth

Sunworks, Inc. (NASDAQ:SUNW ) Q4 2022 Earnings Conference Call March 10, 2023 1:00 PM ET Company Participants Jason Bonfigt - Chief Financial Officer Gaylon Morris - Chief Executive Officer Conference Call Participants Donovan Schafer - Northland Capital Markets Philip Shen - ROTH Tim Moore - EF Hutton Operator Greetings. And welcome to Sunworks, Inc. Fourth Quarter and Full Year 2022 Results Conference Call.

Sunworks, Inc. (SUNW) Q4 2022 Earnings Call Transcript

Sunworks (SUNW) delivered earnings and revenue surprises of -66.67% and 33.07%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Sunworks (SUNW) Reports Q4 Loss, Tops Revenue Estimates

PROVO, UT / ACCESSWIRE / March 10, 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 and twelve-months ended December 31, 2022. FOURTH QUARTER 2022 RESULTS (As compared to the Fourth Quarter 2021) Total revenue of $53.6 million, a 69.3% increase Gross profit of $22.0 million, a 60.7% increase Residential Solar segment revenue of $44.4 million, a 70.2% increase Commercial Solar Energy segment revenue of $9.2 million, a 65.2% increase Total backlog increased 50.8% to $87 million, driven by growth in Residential and Commercial demand "In 2022, we continued to build a leading integrated solar solutions platform across our core regional markets, while continuing to advance our business transformation strategy," stated Gaylon Morris, Chief Executive Officer of Sunworks.

Sunworks Reports Fourth Quarter and Full-Year 2022 Results

PROVO, UT / ACCESSWIRE / March 3, 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 release fourth quarter and full-year 2022 results before the market opens on Friday, March 10, 2023. A conference call will be held that same day at 1:00 P.M.

Sunworks Announces Fourth Quarter and Full - Year 2022 Results Conference Call and Webcast Date

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SUNW's enhanced channel mix migration to higher-margin direct selling should be the #1 catalyst for sales growth and margin expansion during 2023. There is a lot of room to grow in the solar PV market, with only 5% of U.S. homes having a rooftop solar PV system in 2022.

Sunworks: On Track For Profitability With A New Business Model

Sunworks, Inc. (NASDAQ:SUNW ) Q3 2022 Results Conference Call November 8, 2022 1:00 PM ET Company Participants Jason Bonfigt - Chief Financial Officer Gaylon Morris - President and CEO Conference Call Participants Phillip Shen - ROUTH Donovan Schafer - Northland Capital Markets Operator Greetings. Welcome to the Sunworks Inc. Third Quarter 2022 Results Conference Call.

Sunworks, Inc. (SUNW) Q3 2022 Earnings Call Transcript

Sunworks (SUNW) delivered earnings and revenue surprises of -6.67% and 9%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Sunworks (SUNW) Reports Q3 Loss, Tops Revenue Estimates

PROVO, UT / ACCESSWIRE / October 31, 2022 / 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 2022 results before the market opens on Tuesday, November 8, 2022. A conference call will be held that same day at 1:00 P.M.

Sunworks Announces Third Quarter 2022 Results Conference Call and Webcast Date

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

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Sunworks is benefiting from strong demand for residential rooftop solar installations. The recently passed Inflation Reduction Act with incentives toward clean energy is a boom for the industry.

Sunworks: Strategy Initiatives Are A Step In Right Direction

Leading Renewable Energy Provider Teams Up with Eco-Friendly Electronic Disposal Group to Ethically Repurpose Unusable Panels, Batteries, EV chargers and Inverters PROVO, UT / ACCESSWIRE / October 3, 2022 / Sunworks, Inc. (NASDAQ:SUNW) Sunworks, a high-performance solar and battery storage solutions provider with 20 years of experience across residential, agricultural, commercial, industrial and public works markets, is advancing its commitment to sustainable practices with the launch of a nationwide, long-term recycling program in contract with asset disposal firm, Zeep Technology ("Zeep"). Sunworks' agreement with Zeep emerged after the company recycled 293 decommissioned panels in 2021 and recognized the need to formalize the program.

Sunworks, Inc. Taps Zeep Technology To Launch Environmentally Responsible Recycling Program

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20-Year-Old, Publicly Traded Industry Leader Caps List in Top 20th Percentile PROVO, UT / ACCESSWIRE / August 18, 2022 / 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 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 2022. The Top Solar Contractors list is developed each year by Solar Power World to recognize top performers across the domestic solar installation industry.

Sunworks Secures Elite Ranking on Solar Power World's 2022 Top Solar Contractors List

Sunworks, Inc. (NASDAQ:SUNW ) Q2 2022 Earnings Conference Call August 9, 2022 1:00 PM ET Company Participants Jason Bonfigt - Chief Financial Officer Gaylon Morris - President and CEO Conference Call Participants Donovan Schafer - Northland Capital Markets Operator Greetings. And welcome to the Sunworks Second Quarter 2022 Results Conference Call.

Sunworks, Inc. (SUNW) CEO Gaylon Morris on Q2 2022 Results - Earnings Call Transcript

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Sunworks (SUNW) delivered earnings and revenue surprises of -4.55% and 8.81%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Sunworks (SUNW) Reports Q2 Loss, Tops Revenue Estimates

PROVO, UT / ACCESSWIRE / August 9, 2022 / 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 second quarter of 2022. SECOND QUARTER 2022 RESULTS (As compared to the Second Quarter 2021) Total revenue of $36.4 million, a 13.4% increase Gross profit of $16.9 million, a 11.4% increase Residential Solar segment revenue of $32.5 million, a 42% increase Commercial Solar Energy segment revenue of $3.9 million, a $5.4 million decrease Total Residential Solar Segment originations increased 70% year over year and 37% sequentially Total Commercial Solar Energy segment orders of $23.7 million Total backlog increased 51% to $96.9 million and $33M sequential growth driven by improved residential and commercial demand As previously disclosed, Sunworks acquired Solcius on April 8, 2021.

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