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Pineapple Energy Inc - PEGY STOCK NEWS

Welcome to our dedicated news page for Pineapple Energy (Ticker: PEGY), a resource for investors and traders seeking the latest updates and insights on Pineapple Energy.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Pineapple Energy's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Pineapple Energy's position in the market.

Rhea-AI Summary
Pineapple Energy Inc. (NASDAQ: PEGY) will host a conference call to discuss its Q4 and full year 2023 financial results on March 28, 2024. The press release will be available on the company's website after the market close.
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Rhea-AI Summary
Pineapple Energy Inc. (NASDAQ: PEGY) CEO and CFO attending Bank of America's 2024 Power, Utilities and Clean Energy Conference in New York City, NY.
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End-of-Day
-9.59%
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Rhea-AI Summary
Pineapple Energy Inc. has entered into a definitive agreement with investors for the purchase and sale of 2,702,703 shares of the Company’s common stock at a purchase price of $0.37 per share in a registered direct offering. The gross proceeds to Pineapple from the offering are expected to be approximately $1.0 million. This move is aimed at raising funds for the Company's sustainable solar energy and back-up power services.
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End-of-Day
-48.89%
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offering
Rhea-AI Summary
Pineapple Energy Inc. (NASDAQ: PEGY) attended Bank of America’s 2023 Renewables Conference and will be attending Janney’s Clean Energy Investment Symposium. The symposium will feature expert speakers, thematic panels, networking events, and the opportunity to meet with investors.
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-3.08%
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Rhea-AI Summary
Pineapple Energy Inc. (NASDAQ: PEGY) reported a 211% revenue increase and 401% gross profit increase from Q3 2022. Operating expenses rose 125%, but net loss from continuing operations decreased 8%. Pro forma adjusted EBITDA was up 156%, and positive cash flow from operations reached $869,851. The company maintains its 2023 revenue guidance of $80-$85 million and positive adjusted EBITDA.
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End-of-Day
-10.84%
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earnings
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Rhea-AI Summary
Pineapple Energy Inc. will host a conference call on November 10 to discuss its third quarter 2023 financial results. The company will release its results on November 9 and provide a press release on its website.
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Pineapple Energy's subsidiary E-Gear integrates testing with Hawaiian Electric for the upcoming BYOD program, aiming to optimize the solution for Hawaii residents.
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Pineapple Energy applauds extension of battery bonus program in Hawaii, expects it to contribute to strong organic growth. Residential solar and battery storage have played a larger role than anticipated in the energy transition in Hawaii. Pineapple Energy has experienced 40% organic growth in revenue year-to-date through Q2 2023.
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End-of-Day
4.94%
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Rhea-AI Summary
Pineapple Energy Inc. subsidiary SUNation Energy expands to Tampa and Central Florida, offering solar installations, battery storage, EV charging services, and SPAN Smart Electrical Panel installations. The expansion aims to meet strong demand for energy independence and power reliability. SUNation brings its reputation for outstanding customer service and experience in the solar energy industry. Local Florida residents have been hired, creating more jobs in the renewable energy field.
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Rhea-AI Sentiment
End-of-Day
4.05%
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Rhea-AI Summary
Pineapple Energy announces a payment of $1.25 per CVR to CSI shareholders, not a taxable event.
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-4.08%
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Pineapple Energy Inc

Nasdaq:PEGY

PEGY Rankings

PEGY Stock Data

3.54M
10.01M
6.23%
1.25%
0.56%
Telephone Apparatus Manufacturing
Manufacturing
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United States
Minnetonka