|
Article Excerpt
M2 PRESSWIRE-30 March 2007-Stockguru.com: While Akeena Solar, Inc. Release Results, Others Appoint New Board Members, Launch New Business Strategy, and Complete Locking the Database(C)1994-2007 M2 COMMUNICATIONS LTD
RDATE:30032007
Dallas, Texas - StockGuru Pre-Market Updates for Friday include Cobalis Corp. (OTCBB CLSC), Andrea Electronics Corporation (OTCBB ANDR), m-Wise (OTCBB NWIS), Global Axcess Corp. (OTCBB GAXC), IMPART Media Group, Inc. (OTCBB IMMG), and Akeena Solar, Inc. (OTCBB AKNS). StockGuru Pre-Market Updates feature companies with significant moves in either volume or price in the past two trading sessions. In our update we analyze recent news about the companies featured and detail the movement in the stock.
If you would like to feature your publicly traded company in our alerts or on StockGuru.com, email feature@stockguru.com or call (469)252-3031.
Akeena Solar, Inc. (OTCBB AKNS) Thursday's market went down 5.78% to $2.77 per share, with a total of 141,173 shares traded. The company announced results for the fourth quarter and year ended December 31, 2006. Barry Cinnamon, CEO of Akeena, stated, "Executing on our strategy to be the leading residential and small commercial solar power designer and integrator in the U.S., we are increasing our pace of installations, expanding our reach to new locations, and strengthening the company. During November and December, our revenue exceeded our expectations due to favorable installations conditions in California. As a result, fourth quarter 2006 revenue of $4.5 million grew 25 percent over third quarter 2006 and 87 percent over fourth quarter 2005. 2006 revenue of $13.4 million increased 86 percent over our 2005 revenue."
Akeena Solar, Inc., through its subsidiary, Akeena Corp., engages in the design, integration, installation, marketing, and sale of solar power systems for residential and small commercial customers primarily in the United States. It principally focuses on the design and integration of grid-tied solar power systems, which are electrically connected to the utility grid so that excess energy produced during the day flows backwards through the utility?s electric meter. The company offers its products to residential customers, including high-income professionals, as well as to commercial customers, including schools, and housing and owner occupied businesses consisting of wineries and small commercial offices. Akeena Solar was founded in 2001 and is headquartered in Los Gatos, California.
For a quote and the latest news on this company,...
|
|
More articles from M2 Presswire
While Enable IPC Corporation Sign Agreement, Others Enter Into Agreeme..., March 30, 2007
While Pricester.com, Inc. Report Earning Increase, Others Release Resu..., March 30, 2007
While Portrush Petroleum Corporation Advis Drill Permit, Others Releas..., March 30, 2007
While Digital Card Systems, Inc. Wins Second Contract, Others Develop ..., March 30, 2007
NewMarket Technology, Inc. and NewMarket China, Inc. Announce Trade Mi..., March 30, 2007
Looking for additional articles?
Search our database of over 3 million articles.
Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication
name or publication date.
About Goliath
Whether you're looking for sales prospects, competitive information, company
analysis or best practices in managing your organization,
Goliath can help you meet your business needs.
Our extensive business information databases empower business
professionals with both the breadth and depth of credible,
authoritative information they need to support their business
goals. Whether it be strategic planning, sales prospecting,
company research or defining management best practices -
Goliath is your leading source for accurate information.
|
|
