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Sunworks, Inc. - $SUNW STOCK NEWS

Welcome to our dedicated page for Sunworks news (Ticker: $SUNW), a resource for investors and traders seeking the latest updates and insights on Sunworks stock.

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 Sunworks'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 Sunworks's position in the market.

Rhea-AI Summary
Sunworks, Inc. appoints Mark Trout as Group CEO of Solcius, its residential solar business.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.85%
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management
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Rhea-AI Summary
Sunworks, Inc. has entered into a definitive agreement with an ESG-focused institutional investor for the purchase and sale of 4,050,000 shares of the Company's common stock at a price of $1.14 per share. The gross proceeds from the offering are expected to be $4,617,000. The Company intends to use the net proceeds for working capital and other corporate purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.68%
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-
Rhea-AI Summary
Sunworks, Inc. will host a conference call to discuss first quarter 2023 results on May 25, 2023. A webcast of the call will be available on the company's website. Domestic and international dial-in numbers are provided for live participation and replay.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.09%
Tags
conferences earnings
Rhea-AI Summary
Sunworks, Inc. (Nasdaq:SUNW) announces financial results for Q1 2023. Total revenue increased by 22.3% to $38.1 million. Residential Solar segment revenue increased by 14.6% to $30.2 million. Commercial Solar Energy segment revenue increased by 64.4% to $7.9 million. Total backlog increased by 40.7% to $88.4 million. Net loss decreased to $6.4 million from $8.2 million in the prior-year period.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.66%
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Rhea-AI Sentiment
End-of-Day
-5.09%
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.35%
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none
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Rhea-AI Summary
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Rhea-AI Sentiment
End-of-Day
-0.97%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.21%
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Sunworks, Inc.

Nasdaq:SUNW

SUNW Rankings

SUNW Stock Data

3.41M
55.43M
7.05%
6.23%
11.99%
Optical Instrument and Lens Manufacturing
Manufacturing
Link
US
Roseville

About SUNW

sunworks, inc. (nasdaq: sunw) is a premier provider of high performance solar power systems. we are committed to quality business practices that exceed industry standards and uphold our ideals of ethics and safety. sunworks continues to grow its presence, expanding nationally with regional and local offices. we strive to consistently deliver high quality, performance oriented solutions for customers in a wide range of industries including agricultural, commercial and industrial, federal, public works, and residential. our dedication to excellence is reflected in our 25-year warranty, a benchmark that we stand by to support our customers above and beyond their expectations. sunworks’ diverse, seasoned workforce includes distinguished veterans who bring a sense of pride, discipline and professionalism to their interaction with customers. all of our employees uphold our company’s guiding principles each day. sunworks is a member of the solar energy industries association (seia) and is a p