Sunworks Clocks 406% Revenue Growth In Q1
Sunworks, Inc (NASDAQ:SUNW) reported a first-quarter FY21 revenue growth of 405.7% year-on-year to $31.2 million, beating the consensus of $28.7 million. The increase was mainly due to increased contributions from the Residential segment. The gross margin improved by 4,351 bps to 45%, attributable to the positive contribution from Solcius' business model and operational…
Benzinga ·