ISun, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2021
May 25, 2021 at 02:46 am IST
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iSun, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2021. For the quarter, the company reported earned Earned revenue of $7,260,657 against $3,984,680 a year ago. Operating loss was $2,600,551 against $494,177 a year ago. Net loss was $3,113,333 against $790,237 a year ago. Net loss per common share-basic and diluted was $0.41 compared to $0.15 a year ago.
iSun, Inc. is a solar energy services and infrastructure deployment company. The Company provides a suite of solar services across residential, commercial, industrial and municipal, and utility-scale projects and provides solar electric vehicle (EV) charging solutions for both grid-tied and battery- backed solar EV charging systems. The Companyâs Residential segment designs, arranges financing, integrates, installs, and manages systems, primarily for residential homeowners. Its Commercial and Industrial segment designs, integrates, installs, and manages systems ranging in size from 50 kW (kilowatt) to multi-MW (megawatt) systems primarily for larger commercial and industrial projects. Its Utility segment develops, designs, engineers, arranges financing, installs, and manages systems ranging in size from 500 kW to multi-MW systems primarily for asset owners, businesses, and municipalities. The Utility segment is originating projects in Vermont, North Carolina, Ohio, and others.
ISUN, INC. 
