RGS Energy posts loss for 2013
Last Updated: 16:33 March 25, 2014
The Louisville-based provider of turnkey solar solutions for residential, commercial and utility customers, said during the fourth quarter that ended Dec. 31, that it completed its largest installation to date, a 4.2 megawatt solar-electric system in Massachusetts.
During the quarter, revenue improved to $29.9 million, up 12 percent from $26.8 million during the same quarter a year ago. Its net loss of $2.5 million for the quarter improved from a net loss of $3.8 for the same quarter a year ago.
The company said the improvement was achieved despite harsh weather, which negatively impacted the company's anticipated installations in both commercial and residential markets.
More breaking news...
Dot Hill Systems to discuss 2Q earnings Aug. 7
Sam's Club paid $3.9 million for mall land
A conference call is
CSU professor to work on crop for biofuels
Sam's Club plans to build a 136,000-
A team led by McKay - an associate professor of