ISUN INC Stock Price, News & Analysis

iSun, Inc. (NASDAQ: ISUN) reported exceptional growth in Q1 2022, achieving revenues of $15.1 million, a 107.8% increase from Q1 2021. The gross profit improved to $3.2 million, reflecting a gross margin of 21.0%, marking three consecutive quarters of margin expansion. The backlog increased to $128.3 million with $41.2 million in new contracts during the quarter. Although the operating loss widened to $5.7 million, the company is approaching break-even EBITDA. They adjusted 2022 revenue guidance to $125 million, aiming for profitability in the year.

iSun, Inc. (NASDAQ: ISUN) will announce its first quarter 2022 results after the market closes on May 16, 2022. A conference call is scheduled for May 17, 2022, at 8:30 AM EDT, to discuss the financial results and recent developments. Interested participants can access the call via iSun's Investor Relations page. A replay will be available until May 31, 2022.

iSun reported robust financial results for the fourth quarter and full year of 2021, surpassing its revenue guidance of $45 million. Full year revenue reached $45.3 million, marking a 115% increase from 2020. The fourth quarter revenue was $27.0 million, up 190% year-over-year. Gross profit for the year was $6.4 million, up 214%, with a gross margin of 21%. Total assets surged to $103.7 million from $19.6 million in the prior year. However, the company recorded an EBITDA loss of $0.5 million for Q4, although adjusted EBITDA showed a profit of $0.9 million.

iSun, Inc. (NASDAQ: ISUN) will release its fourth quarter and full-year 2021 financial results on April 15, 2022. A conference call to discuss these results will take place on April 18, 2022 at 4:30 PM EDT. Investors can access the presentation materials and webcast via the company's Investor Relations website. The replay of the teleconference will be available until May 2, 2022. iSun has a long history of providing solar services and aims for profitable growth in the clean energy sector.

iSun, Inc. (NASDAQ: ISUN) has announced a rescheduling of its fourth quarter and full-year 2021 results, now set for early April instead of March 30, 2022. This change includes a conference call to discuss financial results and recent events. iSun, a leader in solar energy and clean mobility, emphasizes its commitment to accelerating electrification technology adoption, and has established itself as a trusted contractor for various industries. Further details regarding the release date and call will be provided soon.

iSun, Inc. (NASDAQ: ISUN) announced it will release its fourth-quarter and full-year 2021 financial results on March 30, 2022, after market close. A conference call is scheduled for March 31, 2022, at 8:30 AM EDT to discuss these results and recent events. A webcast of the call will be available on their investor relations website. iSun, specializing in solar energy and clean mobility infrastructure, has a history of providing innovative electrical solutions and expects to share insights on its performance and future strategies.

iSun, a leader in solar energy, will participate in the 34th Annual Roth Conference on March 14-15, 2022. This event will feature various meetings and discussions involving approximately 400 companies across diverse sectors like Technology and Sustainability. iSun aims to showcase its innovative solar platform, launched in Q4 2021, which responds to the expected 1150% increase in solar demand by 2035 due to decarbonization and electric vehicle adoption. The company's comprehensive solar services are designed for all market segments, focusing on profitable growth and sustainability.

iSun, a solar energy and clean mobility infrastructure company, announced preliminary Q4 2021 results indicating projected revenues of approximately $24.5 million to $27.0 million, marking their largest quarter in 50 years. The company anticipates exceeding 2021 revenue guidance with year-end revenues between $42.8 million and $45.3 million. Despite these milestones, iSun foresees a net loss of about $1.8 million for Q4 and $6.9 million for the year, primarily due to one-time expenses from the acquisition of Solar Communities, Inc. iSun aims for nearly 400% revenue growth in 2022.